Sirios Resources (CVE:SOI) Shares Up 13.8% – Time to Buy?

by · The Markets Daily

Sirios Resources Inc. (CVE:SOIGet Free Report) shares rose 13.8% during trading on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 1,165,454 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 468,354 shares. The stock had previously closed at C$0.15.

Sirios Resources Stock Performance

The stock has a market capitalization of C$63.69 million, a price-to-earnings ratio of -58.93 and a beta of -0.44. The firm has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.07. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59.

About Sirios Resources

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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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