Sirios Resources (CVE:SOI) Trading Up 5.1% – Should You Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report)’s share price shot up 5.1% during trading on Tuesday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 1,867,358 shares traded hands during mid-day trading, an increase of 166% from the average daily volume of 701,260 shares. The stock had previously closed at C$0.20.

Sirios Resources Price Performance

The stock has a 50-day simple moving average of C$0.17 and a 200 day simple moving average of C$0.19. The company has a debt-to-equity ratio of 0.09, a quick ratio of 9.59 and a current ratio of 6.63. The company has a market cap of C$137.72 million, a P/E ratio of -34.17 and a beta of -0.14.

Sirios Resources Company Profile

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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. The company was incorporated in 1994 and is based in Montreal, Canada.

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