Sokoman Minerals (TSXV:SIC) - Stock Price, News & Analysis

SIC Stock Overview

Sokoman Minerals Corp., an exploration-stage company, engages in the exploration of mineral properties in Canada.

SIC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 30.1% per year over past 5 years

Does not have a meaningful market cap (CA$13M)

Volatile share price over the past 3 months

+ 1 more risk

Sokoman Minerals Corp. Competitors

Sabre Gold Mines

TSX:SGLD

CA$12.7m

Rackla Metals

TSXV:RAK

CA$10.7m

Millennial Potash

TSXV:MLP

CA$16.6m

Gold Basin Resources

TSXV:GXX

CA$11.1m

Price History & Performance

Summary of all time highs, changes and price drops for Sokoman Minerals
Historical stock prices
Current Share Price	CA$0.045
52 Week High	CA$0.17
52 Week Low	CA$0.04
Beta	1.81
1 Month Change	-18.18%
3 Month Change	-10.00%
1 Year Change	-70.97%
3 Year Change	-90.11%
5 Year Change	-50.00%
Change since IPO	-98.20%

Recent updates

Companies Like Sokoman Minerals (CVE:SIC) Could Be Quite Risky

Sep 06

Is Sokoman Minerals (CVE:SIC) In A Good Position To Deliver On Growth Plans?

Mar 10

Shareholder Returns

	SIC	CA Metals and Mining	CA Market
7D	0%	-1.4%	-0.2%
1Y	-71.0%	-7.4%	7.0%

Return vs Industry: SIC underperformed the Canadian Metals and Mining industry which returned -6.5% over the past year.

Return vs Market: SIC underperformed the Canadian Market which returned 5.3% over the past year.

Price Volatility

Is SIC's price volatile compared to industry and market?
SIC volatility
SIC Average Weekly Movement	14.0%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	8.9%
10% most volatile stocks in CA Market	18.2%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: SIC's share price has been volatile over the past 3 months.

Volatility Over Time: SIC's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Tim Froude	www.sokomanmineralscorp.com

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.

Sokoman Minerals Corp. Fundamentals Summary

How do Sokoman Minerals's earnings and revenue compare to its market cap?
SIC fundamental statistics
Market cap	CA$12.90m
Earnings (TTM)	-CA$2.63m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-4.9x

P/E Ratio

Is SIC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SIC income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.63m
Earnings	-CA$2.63m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0092
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did SIC perform over the long term?

See historical performance and comparison

SIC Stock Overview

Rewards

Risk Analysis

Sokoman Minerals Corp. Competitors

TSX:SGLD

CA$12.7m

TSXV:RAK

CA$10.7m

TSXV:MLP

CA$16.6m

TSXV:GXX

CA$11.1m

Price History & Performance

Recent News & Updates

New major risk - Market cap size

Sokoman Minerals Corp. Provides Update on Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Expands 552 Zone at Moosehead Gold Project, Central Newfoundland

Sokoman Resumes Diamond Drilling At the Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. announced that it has received CAD 3.711035 million in funding

Sokoman Minerals Corp. Updates the Moosehead Gold Project, Central Newfoundland 552 Zone to Be Focus in 2024

Recent updates

New major risk - Market cap size

Sokoman Minerals Corp. Provides Update on Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Expands 552 Zone at Moosehead Gold Project, Central Newfoundland

Sokoman Resumes Diamond Drilling At the Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. announced that it has received CAD 3.711035 million in funding

Sokoman Minerals Corp. Updates the Moosehead Gold Project, Central Newfoundland 552 Zone to Be Focus in 2024

Sokoman Minerals Corp. announced that it has received CAD 3.711035 million in funding

Sokoman Minerals Corp. announced that it expects to receive CAD 3 million in funding

New major risk - Market cap size

Sokoman Minerals Corp. Provides an Update on the Ongoing Drilling Program At the 100%-Owned Moosehead Project

Sokoman Minerals Corp., Annual General Meeting, Nov 30, 2023

Sokoman Minerals Corp. Reports Visible Gold at Fleur De Lys Gold Project North-Central Newfoundland

Sokoman Mineralscorp. Provides Update on the Ongoing Drilling Program At the 100%-Owned Moosehead Gold Project

Companies Like Sokoman Minerals (CVE:SIC) Could Be Quite Risky

Sokoman Minerals Corp. Reports High-Grade Gold Assays Fleur De Lys Gold Project - North-Central Newfoundland

Sokoman Minerals Corp. Provides Update - Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Provides Exploration Update At Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Provides Update on Fleur De Lys Gold Project North-Central Newfoundland

Sokoman Minerals Corp. Provides Recent Drilling Results At Moosehead Gold Project

Benton and Sokoman Provide Exploration Update on Li / Cs Exploration Golden Hope JV- Southwestern Newfoundland

Is Sokoman Minerals (CVE:SIC) In A Good Position To Deliver On Growth Plans?

Sokoman and Benton Report Kraken Lithium Discovery Best Drill Intercepts to Date

Sokoman Minerals Corp. Reports Additional High-Grade Gold At Eastern Trend Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Reports Additional Eastern Trend Mineralization and Provides Update on MH-22-463; Moosehead Gold Project, Central Newfoundland

Benton Resources Inc. and Sokoman Minerals Corp. Report Final Assay Results from Golden Hope Joint Venture Project

Sokoman Minerals Corp. announced that it has received CAD 4.142752 million in funding

Sokoman Minerals Corp. Reports Final Till Sampling Results Fleur De Lys Project, North-Central Newfoundland

Sokoman Minerals Corp. Provides Drilling Update on Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. announced that it expects to receive CAD 3 million in funding

Benton Resources Inc. and Sokoman Minerals Corp. Report Kraken Lithium Prospect Phase 3 Drilling Program Underway; First Three Holes Cut Spodumene-Rich Dykes Up to 14 M Thick

Sokoman Minerals Corp. Announces Assay Results from the Ongoing 100,000 M Phase 6 Program At Moosehead

Sokoman and Benton Discover High-Grade Cesium Mineralization in Outcrop 12 km NE of the Kraken Lithium Pegmatite Swarm in Southwestern Newfoundland Drilling to Re-Start At Kraken Immediately

Insufficient new directors

Sokoman Minerals Corp. and Benton Resources Inc. Intersect Gold in All Five Drill Holes over 5 Km Strike Length Confirming Extensive Gold System At Grey River

Benton Resources Inc. and Sokoman Minerals Corp. Announces Kraken Lithium Prospect Phase 2 Drill Results Exploration Update

Sokoman Minerals Corp. Reports the Thickest High-Grade Drill Results from the Lower Eastern Trend to Date

Sokoman Minerals Corp. and Benton Resources Inc. Provide an Update on Drilling at the Kraken Lithium and Grey River Gold Projects, Southwest Newfoundland

Sokoman Minerals Corp. Reports Additional High-Grade Assays from the Moosehead Gold Project and the Recognition of a Potential New Gold Zone Adjacent to the Lower Portion of the Main Eastern Trend

Benton and Sokoman Report Final Results from Recon Drilling at the Kraken Pegmatite Field - Golden Hope Project, SW Newfoundland

Sokoman Minerals Corp. and Benton Resources Inc. Commence Drilling At Grey River

Sokoman Minerals Corp. Reports Additional High-Grade Assays from the Moosehead Project Including Multiple Holes from the Expanding 75 Zone

Sokoman Minerals Corp. Outlines Proposed 2nd and 3rd Quarter 2022 Exploration on Newfoundland Projects

Insufficient new directors

Sokoman Minerals Corp. Reports Additional Strong Results from the Barge Drill Program Moosehead Project, Central Newfoundland

Sokoman Minerals Reports Higher Gold Grain Counts to Date in Till Fleur De Lys Project, North-Central Newfoundland

Benton Resources Inc. and Sokoman Minerals Corp. Complete Recon Drilling at Kraken Pegmatite Field on the Golden Hope Project, Southwestern Newfoundland

Insufficient new directors

Benton Resources Inc. and Sokoman Minerals Corp. Initiate Drill Program at the Kraken Lithium Prospect on the Golden Hope JV in Southwest Newfoundland Near the Village of Burgeo

Sokoman and Benton Continue to Expand the Kraken Lithium Pegmatite Swarm in Newfoundland and Initiate Drill Mobilization

Benton Resources Inc. Gold Discovery At the Grey River Gold Project, Southern Newfoundland

Benton Resources Inc. and Sokoman Minerals Corp. Confirms First High- Grade Lithium Discovery in Newfoundland At the Golden Hope Project

Sokoman and Benton Confirm High-Grade Gold and Receipt of Drill Permits for Grey River, Southern Newfoundland

Sokoman Minerals Corp. Receives Final Water Permit for Barge-Based Drilling At Moosehead Gold Project, Newfoundland

Sokoman Minerals Mobilizes Third Drill Rig at Moosehead Gold Project, Newfoundland

Insider recently sold CA$57k worth of stock

C2C Gold Corp. (OTCPK:CTCG.F) entered into an agreement to acquire Jumpers Brook Gold Project in the Central Newfoundland Gold Belt from Sokoman Minerals Corp. (TSXV:SIC) for CAD 0.3 million.

Benton Resources Inc. (TSXV:BEX) and Sokoman Minerals Corp. (TSXV:SIC) acquired 324 claim (8,100 hectare) Grey River Gold Project in southern Newfoundland.

Sokoman Minerals Corp. (TSXV:SIC) and Benton Resources Inc. (TSXV: BEX) acquired 3,146 claim in south-central Newfoundland.

Sokoman Announces Additional High-Grade Results from the Moosehead Project, Central Newfoundland