Sirios Resources (CVE:SOI) Stock Price Up 33.3% – Here’s Why

by · The Cerbat Gem

Sirios Resources Inc. (CVE:SOIGet Free Report) traded up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. 8,219,495 shares traded hands during mid-day trading, an increase of 2,050% from the average session volume of 382,389 shares. The stock had previously closed at C$0.08.

Sirios Resources Price Performance

The stock has a 50-day moving average price of C$0.07 and a two-hundred 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 stock has a market cap of C$48.25 million, a price-to-earnings ratio of -44.64 and a beta of -0.44.

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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