What’s Propelling Sirios Resources Inc to Decline So Much?

 What's Propelling Sirios Resources Inc to Decline So Much?

The stock of Sirios Resources Inc (CVE:SOI) is a huge mover today! About 113,599 shares traded hands. Sirios Resources Inc (CVE:SOI) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 5 months negative chart setup for the $46.23M company. It was reported on Nov, 17 by Barchart.com. We have $0.40 PT which if reached, will make CVE:SOI worth $6.47 million less.

More recent Sirios Resources Inc (CVE:SOI) news were published by: Benzinga.com which released: “SIRIOS Resources Inc.: Granting of Stock Options” on October 21, 2016. Also Marketwired.com published the news titled: “SIRIOS Resources Inc.: Progress Report on the Current Exploration Program on …” on August 10, 2016. Marketwired.com‘s news article titled: “SIRIOS Resources Inc.: Visible Gold Observed in a New Drill Hole on the …” with publication date: October 21, 2014 was also an interesting one.

Sirios Resources Inc. is an exploration company. The company has a market cap of $46.23 million. The Firm is focused on discovering gold deposits in the James Bay region of Eastern Canada. It currently has negative earnings. The Firm holds interest in The Cheechoo project, which is located approximately 320 kilometers north of Matagami, in Quebec, and approximately nine kilometers east of the Eleonore gold mine of Goldcorp Inc.

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