Sirios Resources (CVE:SOI) Shares Down 15.2% – Here’s What Happened

Shares of Sirios Resources Inc. (CVE:SOIGet Free Report) dropped 15.2% during mid-day trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 3,851,281 shares were traded during trading, an increase of 740% from the average daily volume of 458,374 shares. The stock had previously closed at C$0.17.

Sirios Resources Price Performance

The stock has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of 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$54.04 million, a price-to-earnings ratio of -50.00 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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