Sirios Resources (CVE:SOI) Stock Price Down 15.2% – Should You Sell?

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price fell 15.2% during mid-day trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. 4,396,090 shares changed hands during mid-day trading, an increase of 842% from the average session volume of 466,861 shares. The stock had previously closed at C$0.17.

Sirios Resources Trading Down 15.2%

The firm’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.54 and a quick ratio of 9.59. The firm has a market capitalization of C$54.04 million, a price-to-earnings ratio of -50.00 and a beta of -0.44.

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.

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