Sirios Resources (CVE:SOI) Trading Down 20% – What’s Next?

Sirios Resources Inc. (CVE:SOIGet Free Report)’s share price traded down 20% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 870,700 shares traded hands during mid-day trading, an increase of 300% from the average session volume of 217,913 shares. The stock had previously closed at C$0.05.

Sirios Resources Stock Performance

The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The company has a quick ratio of 9.59, a current ratio of 2.22 and a debt-to-equity ratio of 0.47. The company has a market capitalization of C$15.44 million, a PE ratio of -4.50 and a beta of 0.82.

About Sirios Resources

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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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