Sirios Resources (CVE:SOI) Shares Down 14.3% – What’s Next?

Sirios Resources Inc. (CVE:SOI) shares fell 14.3% on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. 1,019,000 shares changed hands during mid-day trading, an increase of 182% from the average session volume of 361,710 shares. The stock had previously closed at C$0.07.

Sirios Resources Stock Down 14.3%

The company’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.06. The firm has a market capitalization of C$23.16 million, a PE ratio of -20.00 and a beta of -0.43. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59.

Sirios Resources Company Profile

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.