Sirios Resources (CVE:SOI) Trading Down 9.1% – Should You Sell?

Sirios Resources Inc. (CVE:SOIGet Free Report) shares traded down 9.1% on Tuesday . The company traded as low as C$0.15 and last traded at C$0.15. 1,050,621 shares were traded during mid-day trading, an increase of 134% from the average session volume of 448,257 shares. The stock had previously closed at C$0.17.

Sirios Resources Price Performance

The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. The company has a quick ratio of 9.59, a current ratio of 3.54 and a debt-to-equity ratio of 0.26. The company has a market cap of C$57.90 million, a price-to-earnings ratio of -53.57 and a beta of -0.44.

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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