Could Sirios Resources Inc Recover After Today’s Huge Decline?


The stock of Sirios Resources Inc (CVE:SOI) is a huge mover today! The stock decreased 12.63% or $0.12 on September 13, hitting $0.83. About 539,468 shares traded hands. Sirios Resources Inc (CVE:SOI) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $84.65 million company. It was reported on Sep, 13 by We have $0.73 PT which if reached, will make CVE:SOI worth $10.16M less.

Sirios Resources Inc is a Canada-based company, which is engaged in exploring the gold deposits of James Bay area in Quebec. The company has a market cap of $84.65 million. The Company’s projects include Cheechoo, Aquilon, Kukames and Pontax. It currently has negative earnings. The company’s flaghsip project is the Cheechoo gold project, which consists of 145 claims covering approximately 75 kilometer square adjacent to the property of the Eleonore gold mine of Goldcorp.

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