Sirios Resources (CVE:SOI) Trading 66.7% Higher – Still a Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report)’s stock price shot up 66.7% on Thursday . The company traded as high as C$0.13 and last traded at C$0.13. 12,647,802 shares traded hands during trading, an increase of 3,037% from the average session volume of 403,129 shares. The stock had previously closed at C$0.08.

Sirios Resources Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 9.59 and a current ratio of 3.54. The company has a market capitalization of C$48.25 million, a PE ratio of -44.64 and a beta of -0.44. The company’s 50-day simple moving average is C$0.07 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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