Sirios Resources (CVE:SOI) Trading 40% Higher – Time to Buy?

by · The Cerbat Gem

Sirios Resources Inc. (CVE:SOIGet Free Report)’s share price rose 40% on Friday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 5,721,583 shares were traded during trading, an increase of 1,273% from the average daily volume of 416,736 shares. The stock had previously closed at C$0.13.

Sirios Resources Stock Performance

The stock has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.07. 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 market capitalization of C$63.69 million, a price-to-earnings ratio of -58.93 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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