Sirios Resources (CVE:SOI) Shares Up 40% – Should You Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report) shares rose 40% on Friday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 4,333,836 shares traded hands during mid-day trading, an increase of 957% from the average daily volume of 410,045 shares. The stock had previously closed at C$0.13.

Sirios Resources Stock Up 32.0%

The stock has a market cap of C$63.69 million, a price-to-earnings ratio of -58.93 and a beta of -0.44. 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 fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.07.

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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