Sokoman Minerals (CVE:SIC) Trading Down 11.1% – Here’s Why

Sokoman Minerals Corp. (CVE:SICGet Free Report)’s stock price fell 11.1% during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 300,008 shares traded hands during trading, an increase of 75% from the average session volume of 171,572 shares. The stock had previously closed at C$0.05.

Sokoman Minerals Stock Performance

The stock has a market cap of C$17.20 million, a price-to-earnings ratio of -6.00 and a beta of 1.76. The firm’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is 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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