Sirios Resources (CVE:SOI) Stock Price Up 40% – What’s Next?

by · The Cerbat Gem

Sirios Resources Inc. (CVE:SOI – Get Free Report) shot up 40% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 7,250,490 shares changed hands during mid-day trading, an increase of 1,824% from the average session volume of 376,804 shares. The stock had previously closed at C$0.08.

Sirios Resources Stock Performance

The company has a 50-day moving average of C$0.07 and a 200-day moving average of C$0.07. The firm has a market capitalization of C$48.25 million, a price-to-earnings ratio of -44.64 and a beta of -0.44. The company has a current ratio of 3.54, a quick ratio of 9.59 and a debt-to-equity ratio of 0.26.

About Sirios Resources

(Get Free Report)

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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