Sirios Resources (CVE:SOI) Trading 33.3% Higher – Still a Buy?

by · The Cerbat Gem

Sirios Resources Inc. (CVE:SOI – Get Free Report) shares traded up 33.3% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. 8,585,495 shares changed hands during mid-day trading, an increase of 2,127% from the average session volume of 385,441 shares. The stock had previously closed at C$0.08.

Sirios Resources Stock Up 66.7%

The company has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The company has a quick ratio of 9.59, a current ratio of 3.54 and a debt-to-equity ratio of 0.26. The company has a market capitalization of C$48.25 million, a P/E ratio of -44.64 and a beta of -0.44.

Sirios Resources Company Profile

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Sirios Resources Inc engages in the exploration and evaluation of mineral resources in Canada. The company primarily explores for gold and silver deposits. Its flagship project is the Cheechoo gold project that consists of three non-contiguous blocks comprising 306 claims covering an area of 157 square kilometers in Quebec.

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