Sirios Resources (CVE:SOI) Trading Up 1.2% – Still a Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report) shares shot up 1.2% during trading on Thursday . The stock traded as high as C$0.17 and last traded at C$0.17. 4,180,950 shares traded hands during mid-day trading, an increase of 480% from the average daily volume of 720,331 shares. The stock had previously closed at C$0.16.

Sirios Resources Stock Performance

The stock’s 50 day moving average is C$0.18 and its two-hundred day moving average is C$0.19. The stock has a market capitalization of C$114.21 million, a price-to-earnings ratio of -28.33 and a beta of -0.05. The company has a current ratio of 6.63, a quick ratio of 9.59 and a debt-to-equity ratio of 0.09.

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

Further Reading

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