Sirios Resources (SOI) AI Stock Analysis

• Market Cap: C$75.28M
• Dividend Yield: N/A
• Average Volume (3M): 552.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: N/A
• EPS Growth: -50.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 386,074,430
• 10 Day Avg. Volume: 626,326
• 30 Day Avg. Volume: 552,493
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: C$0.24 ▲(7.27% Upside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses, and renewed TTM cash burn), partly offset by a strong low-debt balance sheet. Technicals are constructive with strong trend/momentum, though indicators look stretched. Positive corporate events (OVI/Osisko-backed combination and exploration/infrastructure progress) provide incremental upside support, while valuation offers limited help due to negative earnings and no dividend data.

Positive Factors

Strategic Partnerships

The partnership with Sumitomo Metal Mining Canada provides significant funding and expertise, enhancing Sirios's exploration capabilities and potential for discovering high-grade gold deposits, which could strengthen its market position and attract further investment.

Project Expansion

Strong drill results at the Cheechoo project validate the company's new vision and geological model, potentially increasing the project's value and development possibilities, which could lead to future revenue generation and enhance long-term growth.

Low Financial Leverage

A low debt-to-equity ratio indicates that Sirios Resources has a strong equity base and limited financial leverage, which provides financial stability and flexibility to pursue strategic opportunities without the burden of high debt costs.

Negative Factors

Zero Revenue Generation

The absence of revenue generation is a critical weakness, as it limits the company's ability to self-fund operations and growth initiatives, making it reliant on external financing, which may not be sustainable in the long term.

Negative Cash Flow

Persistent negative cash flow indicates that the company is not generating sufficient internal funds to cover its expenses, which could lead to financial strain and limit its ability to invest in growth opportunities without external funding.

Persistent Losses

Ongoing net losses and negative EBIT highlight financial instability and the challenge of achieving profitability, which could undermine investor confidence and affect the company's long-term viability if not addressed.

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 development of mineral properties, particularly those with significant gold deposits. The company's revenue model is centered around increasing the value of its mining claims by conducting extensive geological surveys, drilling, and feasibility studies to quantify the mineral resources available. Key revenue streams include the sale or joint ventures of these enhanced properties to larger mining companies or investors interested in developing them into producing mines. Additionally, Sirios Resources may receive funding and investment through strategic partnerships, private placements, and public offerings, which support its exploration activities and help advance its projects towards commercialization.

Sirios Resources Financial Statement Overview

Summary

Sirios Resources exhibits significant financial challenges due to zero revenue generation and persistent losses. While the balance sheet appears stable with low leverage, the lack of revenue and negative cash flow are critical weaknesses. The company's ongoing reliance on financing to fund operations highlights potential sustainability issues in the absence of revenue growth.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-23.36K	-24.09K	-23.28K	-2.76K	-1.43K	-1.64K
EBITDA	-1.00M	-1.09M	-918.00K	566.16K	-927.00K	-1.21M
Net Income	-832.28K	-836.85K	-994.00K	329.83K	-770.00K	-1.21M
Balance Sheet
Total Assets	41.86M	40.85M	38.22M	37.52M	33.76M	32.28M
Cash, Cash Equivalents and Short-Term Investments	2.38M	2.99M	2.05M	2.62M	462.78K	3.65M
Total Debt	73.39K	78.78K	99.47K	0.00	40.00K	40.00K
Total Liabilities	2.88M	3.94M	2.18M	2.91M	1.53M	1.59M
Stockholders Equity	38.98M	36.90M	36.04M	34.62M	32.23M	30.69M
Cash Flow
Free Cash Flow	-3.87M	957.90K	-4.00M	-1.22M	-5.68M	-2.64M
Operating Cash Flow	-623.15K	1.03M	-1.91M	463.22K	-398.25K	-844.83K
Investing Cash Flow	-3.18M	-2.25M	-1.00M	-475.20K	-4.59M	-1.46M
Financing Cash Flow	4.47M	2.13M	2.48M	1.98M	2.26M	3.83M

Sirios Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOI, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.11, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 56.77 is Neutral, neither overbought nor oversold. The STOCH value of 23.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SOI.

Sirios Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ALTA	56 Neutral	C$80.03M	-45.16	-5.78%	―	―	37.37%
SOI	55 Neutral	C$75.28M	-87.50	-2.23%	―	―	-50.00%
CCM	55 Neutral	C$100.86M	-43.97	-4.63%	―	―	45.79%
YGT	55 Neutral	C$78.60M	-51.32	-2.88%	―	―	36.67%
GGO	50 Neutral	C$169.51M	-97.73	-3.92%	―	―	―
LME	46 Neutral	C$71.27M	-16.67	-56.09%	―	―	-13.33%

Sirios Resources Corporate Events

Sirios Resources Approves Key Resolutions and Highlights Strategic Acquisition

Sirios Resources Inc. announced that all resolutions presented at its annual shareholders’ meeting were approved, including the re-election of board members and the renewal of its stock option plan. The company also granted 5,300,000 stock options to its employees and executives, and highlighted the acquisition of OVI Mining as a significant milestone in its history.

Sirios and OVI Merge to Form Osisko-Backed Gold Company in Québec

Sirios Resources Inc. and OVI Mining Corp. have announced a merger to form a new Osisko-backed gold company, focusing on the Eeyou Istchee James Bay region in Québec. This strategic combination will create a district-scale platform centered around the Cheechoo gold deposit, with additional exploration potential at Corvet Est and PLEX. The merger aims to leverage Osisko’s development expertise and Sirios’ exploration success to advance the Cheechoo project into production, positioning the new entity as a major player in the Québec gold sector. The transaction will result in Sirios issuing shares to OVI shareholders, with the deal expected to close in the first quarter of 2026, subject to approvals.

Sirios and OVI Merge to Form Osisko-Backed Gold Company in Québec

Sirios Resources Inc. and OVI Mining Corp. have announced a merger to form a new gold company backed by Osisko, focusing on the Eeyou Istchee James Bay region of Québec. This merger combines Sirios’ exploration expertise with Osisko’s asset development capabilities, creating a district-scale platform anchored by the Cheechoo gold deposit. The transaction will result in a rebranding and a new leadership team, aiming to advance the Cheechoo project into gold production and explore additional growth opportunities at Corvet Est and PLEX.

Sirios Resources Unveils Promising Gold Discovery at Aquilon Project

Sirios Resources Inc. has announced promising results from its summer 2025 diamond drilling campaign at the Aquilon gold project in Eeyou Istchee James Bay, Quebec. The discovery of a significant gold halo in the western sector of the project suggests substantial potential for expansion, with gold grades reaching up to 10.3 g/t Au. The drilling program, funded by Sumitomo Metal Mining Canada, allows Sumitomo to gain a 51% interest in the project. This development could enhance Sirios’s position in the mining industry, particularly in the high-grade gold segment, and further exploration is anticipated to refine the project’s potential.