Sirios Resources (CVE:SOI) Shares Up 25% – Should You Buy?

Sirios Resources Inc. (CVE:SOIGet Free Report)’s share price rose 25% on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 597,500 shares traded hands during trading, an increase of 107% from the average daily volume of 289,332 shares. The stock had previously closed at C$0.04.

Sirios Resources Stock Up 25.0 %

The company’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The company has a debt-to-equity ratio of 0.47, a quick ratio of 9.59 and a current ratio of 2.22. The firm has a market capitalization of C$15.44 million, a PE 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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