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Sokoman Minerals Corp
(SIC)
Sokoman Minerals Corp (SIC) vs. S&P 500 (SPY)
Sokoman Minerals Corp Business Overview & Revenue Model
Sokoman Minerals Corp Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -32.61K | -65.51K | -784.00 | -976.00 | -548.00 | -574.00 | EBIT |
| -1.44M | -5.21M | -9.90M | -11.96M | -4.12M | -2.09M | EBITDA |
| -3.80M | -805.21K | -9.86M | -12.01M | -3.80M | -2.47M | Net Income Common Stockholders |
| -4.70M | -1.04M | -9.94M | -12.26M | -3.77M | -2.48M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.95M | 3.03M | 5.02M | 10.51M | 15.69M | 2.76M | Total Assets |
| 7.04M | 8.06M | 6.70M | 12.52M | 17.00M | 3.59M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -1.50M | -2.53M | -4.89M | -10.34M | -15.40M | -2.71M | Total Liabilities |
| 222.52K | 264.29K | 1.42M | 1.66M | 646.15K | 179.87K | Stockholders Equity |
| 6.82M | 7.79M | 5.28M | 10.86M | 16.36M | 3.41M |
| Cash Flow | Free Cash Flow | ||||
| -3.61M | -5.92M | -9.45M | -10.33M | -3.62M | -1.86M | Operating Cash Flow |
| -3.61M | -5.92M | -9.41M | -10.01M | -3.12M | -1.84M | Investing Cash Flow |
| 27.23K | 30.39K | 20.12K | -231.05K | -493.47K | -16.29K | Financing Cash Flow |
| 0.00 | 3.52M | 3.94M | 5.19M | 16.30M | 2.01M |
Sokoman Minerals Corp Technical Analysis
Sokoman Minerals Corp Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
47 Neutral | $2.72B | -3.49 | -20.75% | 3.27% | 3.42% | -28.80% | |
37 Underperform | C$14.92M | 23.81 | -55.65% | ― | ― | -51.30% | |
37 Underperform | C$4.22M | ― | -87.04% | ― | ― | -270.64% | |
37 Underperform | $318.97M | ― | -76.48% | ― | ― | 36.66% | |
31 Underperform | C$36.72M | ― | -91.29% | ― | ― | 7.15% |
Sokoman Minerals Corp Corporate Events
Sokoman Minerals Corp. announced its participation in the PDAC 2025 Convention, a leading event in the mineral exploration industry. The company aims to showcase its progress and potential in Newfoundland, inviting attendees to engage with its management team. This participation highlights Sokoman’s efforts to strengthen its industry presence and explore new opportunities for its gold projects.
Sokoman Minerals Corp has announced the rescheduling and amendment of its shareholder meeting materials due to a Canada Post strike. The meeting, now set for March 21, 2025, in Vancouver, will involve a vote on a special resolution to reorganize share capital, allowing for a spin-out of 2 million shares of Vinland Lithium Inc. to shareholders. This move is part of a broader strategy to enhance shareholder value and leverage the promising potential of the Killick Lithium Project, which has significant backing from industry leader Piedmont Lithium Inc. The spin-outs are expected to strengthen Sokoman’s market position in the lithium sector and offer a structured investment opportunity for stakeholders.
Sokoman Minerals Corp announced significant high-grade gold findings from the Western Trend of its Moosehead Gold Project. The ongoing drilling has revealed promising results, with plans to expand exploration and potentially conduct a bulk sample in early 2025. These developments reinforce the project’s potential, possibly impacting the company’s market position and offering new opportunities for stakeholders.
Sokoman Minerals Corp. has successfully closed its non-brokered flow-through and non-flow-through private placement financing, raising total aggregate gross proceeds of $1,706,250. The financing involved the issuance of flow-through shares and non-flow-through common shares, with participation from insiders and the payment of finders’ fees and broker warrants, highlighting the company’s strategic financial maneuvers to support its exploration activities.
Sokoman Minerals Corp has successfully closed its non-brokered flow-through and non-flow-through private placement financing, securing aggregate gross proceeds of $1,706,250. This financing includes the issuance of flow-through shares that offer tax benefits and non-flow-through shares. The transaction involved a related party and Sokoman took advantage of certain exemptions under MI 61-101. The company has also issued broker warrants and common shares to finders. The completion of this financing strengthens Sokoman’s financial position, potentially enhancing its exploration activities and increasing its market presence.
Sokoman Minerals Corp has resumed diamond drilling at the Western Trend gold zone of its Moosehead Project in Central Newfoundland. The drilling program aims to extend the high-grade gold zone to greater depths and further along its strike. The company is confident that additional high-grade gold values will be discovered in the upcoming drill holes, which will aid in planning the extraction of a bulk sample anticipated for late Q1 or early Q2 of 2025. The results of these explorations could have significant implications for Sokoman’s operational strategy and its position within the gold exploration market.
Sokoman Minerals Corp announced significant results from its ongoing Western Trend diamond drilling program at the Moosehead Gold Project, highlighting high-grade gold intersections. The recent drilling has uncovered promising gold grades with visible gold present in several holes. This success is attributed to insights gained from earlier trenching programs and collaboration with geological experts. The company plans to continue drilling to further expand the high-grade zones and is also exploring additional sampling techniques with Novamera, indicating a busy and pivotal year ahead for the project.
Sokoman Minerals Corp. announced promising results from their Western Trend diamond drilling program at the Moosehead Gold Project, revealing significant gold grades over multiple meters. This success stems from previous trenching insights, and the company plans further drilling to expand the high-grade mineralization, alongside preparing for bulk sampling and collaborating with Novamera on advanced sampling technology, indicating a busy and potentially transformative year for the project.
Sokoman Minerals Corp. has successfully completed a non-brokered flow-through private placement financing, raising CAD$1,456,500 through the issuance of flow-through shares. Additionally, the company has closed a second tranche of non-flow-through financing, further boosting their financial position.