Sirios Resources (CVE:SOI) Shares Up 40% – Here’s Why

Sirios Resources Inc. (CVE:SOI – Get Free Report)’s share price rose 40% during trading on Friday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 4,333,836 shares were traded during trading, an increase of 957% from the average daily volume of 410,045 shares. The stock had previously closed at C$0.13.

Sirios Resources Price Performance

The business has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The firm has a market capitalization of C$65.62 million, a P/E ratio of -60.71 and a beta of -0.44. The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.59 and a current ratio of 3.54.

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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