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

Sirios Resources Inc. (CVE:SOIGet Free Report) fell 20% during trading on Tuesday . The company 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 Up 11.1 %

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 moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The firm has a market capitalization of C$15.44 million, a price-to-earnings ratio of -4.50 and a beta of 0.82.

About Sirios Resources

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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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