Sirios Resources (CVE:SOI) Sets New 1-Year Low – Time to Sell?

Sirios Resources Inc. (CVE:SOIGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 773325 shares traded. The stock had previously closed at C$0.05.

Sirios Resources Trading Down 11.1 %

The firm has a market capitalization of C$12.35 million, a price-to-earnings ratio of -4.50 and a beta of 0.82. The business’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.22 and a quick ratio of 9.59.

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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