Sirios Resources (CVE:SOI) Stock Price Down 15.2% – Here’s Why

Sirios Resources Inc. (CVE:SOIGet Free Report) shares fell 15.2% on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. 3,851,281 shares were traded during mid-day trading, an increase of 740% from the average session volume of 458,374 shares. The stock had previously closed at C$0.17.

Sirios Resources Stock Performance

The firm has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.07. The company has a quick ratio of 9.59, a current ratio of 3.54 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of C$63.69 million, a price-to-earnings ratio of -58.93 and a beta of -0.44.

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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