Sirios Resources (CVE:SOI) Trading Down 12.1% – Here’s What Happened

Sirios Resources Inc. (CVE:SOIGet Free Report) shares fell 12.1% during mid-day trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.15. 4,371,090 shares were traded during trading, an increase of 836% from the average session volume of 466,759 shares. The stock had previously closed at C$0.17.

Sirios Resources Price Performance

The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59. The stock’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. The stock has a market cap of C$55.97 million, a price-to-earnings ratio of -51.79 and a beta of -0.44.

Sirios Resources Company Profile

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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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