Sirios Resources Inc (CVE:SOI) was up 21.4% on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17, approximately 306,000 shares changed hands during mid-day trading. An increase of 152% from the average daily volume of 121,200 shares. The stock had previously closed at C$0.14.
Separately, Fundamental Research set a C$0.41 price objective on Sirios Resources and gave the company a “buy” rating in a research note on Tuesday, June 16th.
The company has a debt-to-equity ratio of 0.08, a current ratio of 3.11 and a quick ratio of 3.06. The company has a 50 day moving average price of C$0.13 and a 200 day moving average price of C$0.13. The firm has a market cap of $20.66 million and a PE ratio of -15.56.
Sirios Resources Inc develops and explores mineral resource properties in Canada. The company primarily mines for gold and silver properties. The company holds a 100% interest in Cheechoo gold project that consists of 145 claims covering an area of 75 km2 located in Quebec; and Aquilon project that consists of 104 claims covering an area of 52 km2 located in James Bay area.
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