Sirios Resources (CVE:SOI) Sets New 52-Week High – Time to Buy?

Sirios Resources Inc. (CVE:SOI)’s stock price reached a new 52-week high on Monday . The company traded as high as C$0.23 and last traded at C$0.23, with a volume of 1224664 shares. The stock had previously closed at C$0.22.

Sirios Resources Trading Up 2.0%

The stock has a market cap of C$98.42 million, a PE ratio of -91.07 and a beta of -0.44. The company’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.08. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59.

Insider Activity

In other news, Director Dominique Doucet sold 100,000 shares of the company’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of C$0.27, for a total value of C$27,000.00. Following the sale, the director owned 2,886,129 shares in the company, valued at C$779,254.83. This represents a 3.35% decrease in their ownership of the stock. 19.51% of the stock is currently owned by company insiders.

About Sirios Resources

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.