Sirios Resources (CVE:SOI) Trading 11.6% Higher – What’s Next?

Sirios Resources Inc. (CVE:SOIGet Free Report) shares rose 11.6% on Tuesday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 5,011,535 shares were traded during mid-day trading, an increase of 605% from the average daily volume of 710,900 shares. The stock had previously closed at C$0.21.

Sirios Resources Price Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 9.59 and a current ratio of 6.63. The company has a market capitalization of C$164.60 million, a P/E ratio of -40.83 and a beta of -0.14. The firm’s fifty day moving average is C$0.18 and its 200 day moving average is C$0.19.

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

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