Sirios Resources Inc (TSE:SOI)
:SOI
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Sirios Resources
(SOI)
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Rating:53Neutral
Price Target:
C$0.19
▼(-9.05% Downside)
Action:ReiteratedDate:03/03/26
The score is held back primarily by weak financial performance (pre-revenue operations, recurring losses, and negative TTM free cash flow), partially offset by a strong, low-debt balance sheet. Technicals add modest support as price is above key moving averages with neutral-to-positive momentum, while valuation is unfavorable/unclear due to negative earnings and no dividend yield.
Positive Factors
Low Leverage / Strong Balance Sheet
Very low debt relative to a sizable equity base provides material financial flexibility for an exploration company. This cushion reduces refinancing and liquidity risk, allowing the firm to sustain multi-month drilling and permitting programs and absorb exploration setbacks without immediate capital raises.
Negative Factors
Pre-revenue and Recurring Losses
The absence of operating revenue and persistent negative EBIT mean the business fundamentally relies on non-operating funding or sporadic cash events. Over a 2–6 month horizon this limits reinvestment capacity into drill programs, raises dilution risk, and constrains long-term self-sufficiency.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Strong Balance Sheet
Very low debt relative to a sizable equity base provides material financial flexibility for an exploration company. This cushion reduces refinancing and liquidity risk, allowing the firm to sustain multi-month drilling and permitting programs and absorb exploration setbacks without immediate capital raises.
Read all positive factors
Sirios Resources (SOI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$106.85M
Dividend YieldN/A
Average Volume (3M)552.49K
Price to Earnings (P/E)―
Beta (1Y)1.06
Revenue GrowthN/A
EPS Growth-50.00%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding534,239,700
10 Day Avg. Volume626,326
30 Day Avg. Volume552,493
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)0.54
Price to Sales (P/S)0.00
P/FCF Ratio20.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 com...
How the Company Makes Money
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Sirios Resources Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
78
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -24.04K | -24.09K | -23.28K | -2.76K | -1.43K | -1.64K |
| EBITDA | -1.62M | -1.09M | -918.00K | 566.16K | -927.00K | -1.21M |
| Net Income | -1.36M | -836.85K | -994.00K | 329.83K | -770.00K | -1.21M |
Balance Sheet | ||||||
| Total Assets | 42.25M | 40.85M | 38.22M | 37.52M | 33.76M | 32.28M |
| Cash, Cash Equivalents and Short-Term Investments | 2.70M | 2.99M | 2.05M | 2.62M | 462.78K | 3.65M |
| Total Debt | 146.50K | 78.78K | 99.47K | 0.00 | 40.00K | 40.00K |
| Total Liabilities | 2.33M | 3.94M | 2.18M | 2.91M | 1.53M | 1.59M |
| Stockholders Equity | 39.92M | 36.90M | 36.04M | 34.62M | 32.23M | 30.69M |
Cash Flow | ||||||
| Free Cash Flow | -3.22M | 957.90K | -4.00M | -1.22M | -5.68M | -2.64M |
| Operating Cash Flow | -936.78K | 1.03M | -1.91M | 463.22K | -398.25K | -844.83K |
| Investing Cash Flow | -2.50M | -2.25M | -1.00M | -475.20K | -4.59M | -1.46M |
| Financing Cash Flow | 3.65M | 2.13M | 2.48M | 1.98M | 2.26M | 3.83M |
Sirios Resources Technical Analysis
Neutral
0.21
Price Trends
0.20
Negative
0.17
Positive
0.12
Positive
Market Momentum
>-0.01
Negative
47.05
Neutral
101.19
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOI, the sentiment is Neutral. The current price of 0.21 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.20, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.05 is Neutral, neither overbought nor oversold. The STOCH value of 101.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:SOI.
Sirios Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$106.85M | -30.79 | -3.56% | ― | ― | -50.00% | |
49 Neutral | C$110.56M | -27.69 | -4.63% | ― | ― | 45.79% | |
46 Neutral | C$59.92M | -11.71 | -56.09% | ― | ― | -13.33% | |
45 Neutral | C$100.80M | -44.82 | -3.17% | ― | ― | 36.67% | |
44 Neutral | C$48.92M | -31.32 | -6.52% | ― | ― | 37.37% | |
43 Neutral | C$140.06M | -23.50 | -10.29% | ― | ― | ― |
* Basic Materials Sector Average
TSE:SOI
Sirios Resources
0.20
0.16
344.44%
TSE:CCM
Canagold Resources
0.57
0.23
67.65%
TSE:ALTA
Altamira Gold Corp
0.17
0.07
65.00%
TSE:LME
Laurion Mineral Exploration
0.22
-0.13
-36.76%
TSE:GGO
Galleon Gold
1.05
0.79
306.98%
TSE:YGT
Gold Terra Resource
0.22
0.15
230.77%
Sirios Resources Corporate Events
Business Operations and StrategyExecutive/Board Changes
Sirios Resources Bolsters Executive Team and Grants Stock Options to Advance Quebec Gold Projects
Positive
Mar 25, 2026
Sirios Resources has reinforced its executive ranks by appointing experienced mining industry professionals Geneviève Ayotte as chief financial officer and Audrey Lamothe as corporate secretary, replacing long-serving executive Frédé...
Business Operations and StrategyPrivate Placements and Financing
Sirios Resources Raises C$25 Million in Fully Subscribed Brokered LIFE Financing
Positive
Mar 18, 2026
Sirios Resources has closed a fully subscribed C$25 million brokered private placement, issuing flow-through units at C$0.27 and hard-dollar units at C$0.20, each with half a warrant exercisable at C$0.30 until March 18, 2027. The financing, compl...
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Sirios Resources closes OVI Mining acquisition and reshapes leadership team
Positive
Mar 3, 2026
Sirios Resources has completed its acquisition of OVI Mining Corp. through a court-approved plan of arrangement, making OVI a wholly owned subsidiary and issuing Sirios shares to former OVI shareholders. The combined entity emerges as a better-cap...
Business Operations and StrategyPrivate Placements and Financing
Sirios Resources Targets Up to $20 Million in LIFE Flow-Through and Unit Financing
Positive
Mar 2, 2026
Sirios Resources Inc. has launched a brokered private placement under the listed issuer financing exemption, aiming to raise up to $20 million through a mix of flow-through units and hard dollar units, with an additional option to sell up to 25 mi...
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Sirios Resources Showcases New Leadership and Growth Plans at PDAC 2026
Positive
Feb 27, 2026
Sirios Resources will exhibit at the PDAC 2026 convention in Toronto, using the event to showcase its strengthened leadership team following the shareholder-approved acquisition of OVI. Founder and CEO Dominique Doucet and incoming CEO Jean-Fé...
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Sirios Resources Closes OVI Mining Acquisition and Reshapes Leadership Team
Positive
Feb 27, 2026
Sirios Resources has completed its acquisition of OVI Mining Corp. through a court-approved plan of arrangement, making OVI a wholly owned subsidiary and issuing 2.34 Sirios shares for each former OVI share. The deal creates a better-capitalized g...
Business Operations and StrategyM&A Transactions
Sirios Resources Showcases James Bay Gold Expansion Strategy After OVI Mining Acquisition
Positive
Feb 23, 2026
Sirios Resources Inc., a Québec-based mineral exploration company listed on the TSX-V and OTCQB, concentrates on developing high-potential gold assets in the Eeyou Istchee James Bay region, led by its flagship Cheechoo Gold Project. The firm&...
Business Operations and Strategy
Sirios Confirms Extensive Gold-Bearing Halo at Aquilon as Sumitomo Earns Majority Stake
Positive
Feb 10, 2026
Sirios Resources reported additional assay results from its 2025 drilling at the Aquilon gold project in Eeyou Istchee Baie‑James, confirming a laterally extensive gold‑bearing halo with intercepts including 0.26 g/t gold over 298.2 me...
Business Operations and StrategyM&A Transactions
Sirios Resources Highlights Transformative OVI Mining Acquisition at Vancouver Investment Conference
Positive
Jan 22, 2026
Sirios Resources has invited investors and stakeholders to meet its leadership at the Vancouver Resource Investment Conference, where both the current and incoming CEOs will be available at Booth 800 to discuss the company’s strategic direct...
Business Operations and StrategyPrivate Placements and Financing
Sirios Resources Secures $1.5 Million from Warrant Exercises and Ramps Up Investor Outreach
Positive
Jan 15, 2026
Sirios Resources has bolstered its balance sheet with $1.52 million in new capital from the exercise of warrants and stock options, resulting in the issuance of nearly 12 million shares and bringing its total outstanding shares to just under 398 m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.