Sirios Resources (CVE:SOI) Shares Up 5.1% – Here’s Why

Sirios Resources Inc. (CVE:SOI) traded up 5.1% during trading on Thursday . The company traded as high as C$0.21 and last traded at C$0.21. 306,666 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 809,977 shares. The stock had previously closed at C$0.20.

Sirios Resources Stock Up 5.1%

The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59. The stock has a market cap of C$81.58 million, a price-to-earnings ratio of -73.21 and a beta of -0.44. The firm has a 50 day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.12.

Insider Buying and Selling at Sirios Resources

In other Sirios Resources news, Director Dominique Doucet sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of C$0.27, for a total value of C$27,000.00. Following the completion of the sale, the director owned 2,886,129 shares of the company’s stock, valued at approximately C$779,254.83. This represents a 3.35% decrease in their ownership of the stock. 19.51% of the stock is owned by corporate 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.