Sirios Resources (CVE:SOI) Stock Price Down 20% – What’s Next?

Sirios Resources Inc. (CVE:SOI)’s stock price traded down 20% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 870,700 shares changed hands during mid-day trading, an increase of 300% from the average session volume of 217,913 shares. The stock had previously closed at C$0.05.

Sirios Resources Trading Down 20.0 %

The company has a current ratio of 2.22, a quick ratio of 9.59 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The company has a market capitalization of C$12.35 million, a PE ratio of -4.50 and a beta of 0.82.

Sirios Resources Company Profile

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.