Sirios Resources (CVE:SOI) Trading Up 25% – Here’s Why

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price was up 25% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 597,500 shares were traded during mid-day trading, an increase of 107% from the average daily volume of 289,332 shares. The stock had previously closed at C$0.04.

Sirios Resources Price Performance

The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$15.44 million, a P/E ratio of -4.50 and a beta of 0.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.22 and a quick ratio of 9.59.

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.

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