Sirios Resources (CVE:SOI) Trading Up 40% – Should You Buy?

by · The Markets Daily

Sirios Resources Inc. (CVE:SOI – Get Free Report) shares shot up 40% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 7,250,490 shares changed hands during 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 firm has a market cap of C$63.69 million, a price-to-earnings ratio of -58.93 and a beta of -0.44. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59. The firm has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average 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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