Sirios Resources (SOI) AI Stock Analysis

• Market Cap: C$16.48M
• Dividend Yield: N/A
• Average Volume (3M): 124.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: N/A
• EPS Growth: -300.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 343,387,760
• 10 Day Avg. Volume: 231,535
• 30 Day Avg. Volume: 124,571
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -6.80
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Sirios Resources is significantly hindered by its financial performance, with zero revenue generation and persistent losses being major concerns. The technical analysis provides a neutral outlook, while valuation metrics reflect the company's current unprofitability. However, the promising drill results at Cheechoo offer a positive outlook for future project development, providing some optimism for potential transformation.

Sirios Resources Business Overview & Revenue Model

Company Description

Sirios Resources Inc. explores for and evaluates 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 blocks of non-contiguous claims comprising 225 claims covering an area of 118 square kilometers in Quebec. The company was incorporated in 1994 and is based in Montreal, Canada.

How the Company Makes Money

Sirios Resources generates revenue primarily through the exploration and potential development of its mining properties, with a focus on gold. The company makes money by identifying promising mineral deposits and increasing their value through exploration activities, which may include drilling, sampling, and geological studies. Once a viable resource is confirmed, Sirios Resources may pursue further development or partner with other mining companies to bring the project into production. The company may also generate income through the sale of mineral rights or exploration data, joint ventures, and potential future royalties from producing mines. Key factors contributing to its earnings include successful exploration outcomes, strategic partnerships, and favorable market conditions for gold.

Sirios Resources Financial Statement Overview

Summary

Sirios Resources faces severe financial challenges with zero revenue, persistent losses, and negative cash flow. While the balance sheet shows low leverage, the absence of revenue and reliance on financing are critical sustainability concerns.

Income Statement

Sirios Resources has consistently reported zero total revenue over the analyzed periods, indicating no sales activity. The company has faced persistent net losses and negative EBIT, exacerbated by the absence of revenue. This lack of income generation is a critical weakness and a major concern for financial sustainability.

Balance Sheet

The company's balance sheet shows a strong equity base with a low debt-to-equity ratio, suggesting low financial leverage. However, the total liabilities have been increasing, which could indicate rising financial obligations. The absence of revenue and persistent losses might undermine the balance sheet's strength over time.

Cash Flow

Sirios Resources consistently reports negative free cash flow, driven by substantial capital expenditures and negative operating cash flow. The reliance on financing cash flow to sustain operations highlights potential cash flow management issues and raises concerns about long-term financial viability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-20.49K	-23.28K	-2.76K	-1.43K	-1.64K	-12.96K
	EBIT
-861.22K	-1.06M	440.83K	-815.01K	-962.63K	-4.54M
	EBITDA
-661.69K	-917.69K	566.16K	-927.06K	-1.21M	-4.15M
	Net Income Common Stockholders
-480.99K	-994.41K	329.83K	-769.70K	-1.21M	-2.92M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.40M	2.05M	2.62M	462.78K	3.65M	2.46M
	Total Assets
39.67M	38.22M	37.52M	33.76M	32.28M	29.27M
	Total Debt
89.39K	99.47K	0.00	40.00K	40.00K	0.00
	Net Debt
-2.16M	-1.81M	-2.35M	-335.60K	-3.07M	-1.59M
	Total Liabilities
2.51M	2.18M	2.91M	1.53M	1.59M	691.24K
	Stockholders Equity
37.15M	36.04M	34.62M	32.23M	30.69M	28.58M
Cash Flow		Free Cash Flow
-3.73M	-4.00M	-1.22M	-5.68M	-2.64M	-4.01M
	Operating Cash Flow
-1.07M	-1.91M	463.22K	-398.25K	-844.83K	-842.10K
	Investing Cash Flow
-2.14M	-1.00M	-475.20K	-4.59M	-1.46M	-1.97M
	Financing Cash Flow
4.38M	2.48M	1.98M	2.26M	3.83M	4.10M

Sirios Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOI, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.38 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SOI.

Sirios Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNC	62 Neutral	C$20.48M	3.69	10.15%	―	―	―
MTX	54 Neutral	C$5.53M	12.50	7.51%	―	―	―
AZM	49 Neutral	C$45.49M	234.78	0.39%	―	―	―
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
SOI	45 Neutral	C$16.48M	―	-1.35%	―	―	-300.00%
RDS	42 Neutral	C$112.42M	―	-1.81%	―	―	50.00%

Sirios Resources Corporate Events

Sirios Resources Validates New Vision for Cheechoo with Strong Drill Results

Sirios Resources Inc. announced promising results from its Fall-Winter 2024-25 drilling program at the Cheechoo gold project, with significant gold mineralization found in all drill holes. The results validate the company’s new vision for the project, which includes both open-pit and underground mining potential. The company is developing a new geological model and plans to update its Mineral Resource Estimate, potentially transforming the project’s development possibilities.

Sirios Resources Announces Stock Option Grant and PDAC 2025 Participation

Sirios Resources Inc. has granted 100,000 stock options to its Chief Financial Officer and Secretary, with an exercise price of $0.055 per share and a duration of five years, as part of its Stock Option Incentive Plan. The company will also participate in the 93rd annual PDAC Convention in Toronto, where its technical team and management representatives will be available, and CEO Dominique Doucet will present during the Gold 3 Session, highlighting Sirios’ engagement and visibility in the industry.

Visible Gold Discovery in Cheechoo Project Drill Extension

Sirios Resources Inc. has announced the discovery of visible gold in the extension of drill hole #317 at its Cheechoo gold project. This discovery, observed in quartz veinlets, suggests potential gold presence at depths between 499.5 to 507.5 meters. The drill hole was extended to 522 meters, and while the observations are promising, laboratory analyses are required to determine the gold grade and extent. The discovery is part of Phase 2 of the ongoing 2024-2025 drilling program, potentially enhancing the project’s value and impact on the company’s market position.

Sirios Resources Unveils Promising Gold Findings at Cheechoo Project

Sirios Resources has announced promising results from the last two drill holes of its 2024-25 drilling program at the Cheechoo project, with significant gold mineralization detected at anticipated depths. These findings have prompted the company to resume drilling activities, which include both new drilling and deepening of existing holes, potentially enhancing its project value and impact on the gold mining sector.