Sirios Resources (CVE:SOI) Stock Price Up 25% – What’s Next?

Sirios Resources Inc. (CVE:SOI)’s share price 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 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 firm’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. The stock has a market cap of C$15.44 million, a P/E ratio of -4.50 and a beta of 0.82.

About Sirios Resources

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.