Sirios Resources (CVE:SOI) Trading Down 14.3% – Should You Sell?

Sirios Resources Inc. (CVE:SOIGet Free Report) fell 14.3% during mid-day trading on Saturday . The company traded as low as C$0.06 and last traded at C$0.06. 1,019,000 shares traded hands during trading, an increase of 182% from the average session volume of 361,710 shares. The stock had previously closed at C$0.07.

Sirios Resources Trading Down 14.3%

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 firm has a market capitalization of C$23.16 million, a price-to-earnings ratio of -20.00 and a beta of -0.43. The company has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.06.

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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