Sokoman Minerals (CVE:SIC) Trading Up 12.5% – Still a Buy?

Sokoman Minerals Corp. (CVE:SICGet Free Report) rose 12.5% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 264,000 shares changed hands during trading, an increase of 38% from the average daily volume of 191,437 shares. The stock had previously closed at C$0.04.

Sokoman Minerals Price Performance

The stock has a market capitalization of C$11.46 million, a P/E ratio of -4.00 and a beta of 1.76. The stock has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

About Sokoman Minerals

(Get Free Report)

Sokoman Minerals Corp., an exploration-stage company, engages in the exploration of mineral properties in Canada. The company primarily focuses on its portfolio of gold projects located in the province of Newfoundland and Labrador. It has 100% owned flagship Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland.

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