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

Sirios Resources Inc. (CVE:SOIGet Free Report) dropped 15.2% during trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 3,973,590 shares were traded during mid-day trading, an increase of 765% from the average daily volume of 459,200 shares. The stock had previously closed at C$0.17.

Sirios Resources Price Performance

The company has a current ratio of 3.54, a quick ratio of 9.59 and a debt-to-equity ratio of 0.26. The stock has a market cap of C$54.04 million, a P/E ratio of -50.00 and a beta of -0.44. The company’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07.

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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