Sirios Resources (CVE:SOI) Shares Down 12.1% – Here’s Why

Sirios Resources Inc. (CVE:SOIGet Free Report) shares traded down 12.1% during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. 4,371,090 shares were traded during mid-day trading, an increase of 836% from the average session volume of 466,759 shares. The stock had previously closed at C$0.17.

Sirios Resources Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.59 and a current ratio of 3.54. The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.07. The firm has a market capitalization of C$63.69 million, a PE ratio of -58.93 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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