Sirios Resources (CVE:SOI) Trading 66.7% Higher – Still a Buy?

by · The Markets Daily

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price shot up 66.7% during trading on Thursday . The stock traded as high as C$0.13 and last traded at C$0.13. 12,647,802 shares were traded during mid-day trading, an increase of 3,059% from the average session volume of 400,351 shares. The stock had previously closed at C$0.08.

Sirios Resources Stock Up 66.7%

The firm has a market cap of C$48.25 million, a PE ratio of -44.64 and a beta of -0.44. 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 business has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07.

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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