Sirios Resources (CVE:SOI) Shares Down 9.1% – Should You Sell?

by · The Cerbat Gem

Sirios Resources Inc. (CVE:SOIGet Free Report) traded down 9.1% during mid-day trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.15. 1,050,621 shares were traded during trading, an increase of 134% from the average session volume of 448,257 shares. The stock had previously closed at C$0.17.

Sirios Resources Trading Down 9.1%

The company has a current ratio of 3.54, a quick ratio of 9.59 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.07. The company has a market capitalization of C$57.90 million, a price-to-earnings ratio of -53.57 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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