Sirios Resources (CVE:SOI) Stock Price Up 25% – Here’s Why

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price shot up 25% on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 597,500 shares traded hands during trading, an increase of 107% from the average session volume of 289,332 shares. The stock had previously closed at C$0.04.

Sirios Resources Stock Performance

The stock has a market cap of C$15.44 million, a price-to-earnings ratio of -4.50 and a beta of 0.82. The company’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The company has a quick ratio of 9.59, a current ratio of 2.22 and a debt-to-equity ratio of 0.47.

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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