Sirios Resources (CVE:SOI) Trading Up 17.2% – Time to Buy?

by · The Markets Daily

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price was up 17.2% during mid-day trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 1,379,454 shares were traded during mid-day trading, an increase of 193% from the average daily volume of 471,382 shares. The stock had previously closed at C$0.15.

Sirios Resources Price Performance

The stock has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.07. The stock has a market cap of C$65.62 million, a price-to-earnings ratio of -60.71 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.

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. The company was incorporated in 1994 and is based in Montreal, Canada.

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