Sirios Resources (CVE:SOI) Shares Up 25% – Should You Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report) rose 25% during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 597,500 shares changed hands during mid-day trading, an increase of 107% from the average daily volume of 289,332 shares. The stock had previously closed at C$0.04.

Sirios Resources Stock Performance

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

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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