Sirios Resources (CVE:SOI) Shares Down 14.3% – Here’s What Happened

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price traded down 14.3% during trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. 1,568,901 shares traded hands during mid-day trading, an increase of 451% from the average session volume of 284,990 shares. The stock had previously closed at C$0.07.

Sirios Resources Price Performance

The stock has a market capitalization of C$20.60 million, a price-to-earnings ratio of -42.19 and a beta of 0.82. The company has a quick ratio of 9.59, a current ratio of 3.54 and a debt-to-equity ratio of 0.26. The business’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05.

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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