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

Sirios Resources Inc. (CVE:SOIGet Free Report) shares shot up 5.1% on Tuesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 1,867,358 shares traded hands during 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 company has a debt-to-equity ratio of 0.09, a quick ratio of 9.59 and a current ratio of 6.63. The firm has a market capitalization of C$131.00 million, a P/E ratio of -32.50 and a beta of -0.14. The stock’s 50 day simple moving average is C$0.17 and its 200 day simple moving average is C$0.19.

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

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