Sirios Resources (CVE:SOI) Stock Falls 15.2% – Here’s What Happened

by · The Markets Daily

Sirios Resources Inc. (CVE:SOI – Get Free Report) traded down 15.2% during mid-day trading on Monday. The stock traded as low as C$0.18 and last traded at C$0.20. Approximately 2,849,929 shares traded hands during trading, an increase of 287% from the average daily volume of 736,102 shares. The stock had previously closed at C$0.23.

Sirios Resources Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 9.59 and a current ratio of 6.63. The stock’s 50-day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.19. The stock has a market cap of C$131.00 million, a price-to-earnings ratio of -32.50 and a beta of -0.14.

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

Further Reading