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

Sirios Resources Inc. (CVE:SOI) shot up 25% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 597,500 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 289,332 shares. The stock had previously closed at C$0.04.

Sirios Resources Trading Up 25.0 %

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.22 and a quick ratio of 9.59. The company has a market capitalization of C$15.44 million, a price-to-earnings ratio of -4.50 and a beta of 0.82. The business has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.05.

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.