Sirios Resources (CVE:SOI) Trading Up 66.7% – Here’s Why

Shares of Sirios Resources Inc. (CVE:SOIGet Free Report) rose 66.7% during mid-day trading on Thursday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 12,647,802 shares traded hands during trading, an increase of 3,037% from the average daily volume of 403,129 shares. The stock had previously closed at C$0.08.

Sirios Resources Stock Performance

The stock’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a current ratio of 3.54, a quick ratio of 9.59 and a debt-to-equity ratio of 0.26. The stock has a market cap of C$48.25 million, a price-to-earnings ratio of -44.64 and a beta of -0.44.

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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