Sirios Resources (CVE:SOI) Shares Down 2.1% – What’s Next?

Sirios Resources Inc. (CVE:SOI)’s share price traded down 2.1% during trading on Tuesday . The stock traded as low as C$0.22 and last traded at C$0.23. 858,127 shares were traded during trading, a decline of 4% from the average session volume of 895,642 shares. The stock had previously closed at C$0.24.

Sirios Resources Trading Down 2.1%

The company has a fifty day moving average of C$0.16 and a two-hundred day moving average of C$0.10. 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 stock has a market capitalization of C$91.52 million, a price-to-earnings ratio of -82.14 and a beta of 0.04.

Insider Buying and Selling at Sirios Resources

In other news, Director Dominique Doucet sold 100,000 shares of the business’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of C$0.27, for a total transaction of C$27,000.00. Following the transaction, the director directly owned 2,886,129 shares in the company, valued at C$779,254.83. The trade was a 3.35% decrease in their ownership of the stock. 19.51% of the stock is currently owned by insiders.

About Sirios Resources

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.