Shares of Sokoman Minerals Corp. (CVE:SIC – Get Free Report) rose 29.6% during mid-day trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 4,690,584 shares traded hands during mid-day trading, an increase of 870% from the average daily volume of 483,367 shares. The stock had previously closed at C$0.14.
Sokoman Minerals Stock Performance
The firm has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$54.66 million, a P/E ratio of -11.80 and a beta of 2.79.
About Sokoman Minerals
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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