Sirios Resources (SOI) AI Stock Analysis

• Market Cap: C$79.78M
• Dividend Yield: N/A
• Average Volume (3M): 552.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• 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: 398,908,420
• 10 Day Avg. Volume: 626,326
• 30 Day Avg. Volume: 552,493
• PEG Ratio: 0.77
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.62
• 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$0.21 ▼(-2.38% Downside)

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

Balance Sheet Strength

Extremely low leverage provides durable financial flexibility for an exploration company, reducing refinancing and interest risks. This conservatively capitalized balance sheet can fund exploration or bridge financings, preserving optionality and lowering bankruptcy risk during multi-year project cycles.

Strategic M&A / Partnering

A planned Osisko-backed combination can materially strengthen capital access, technical support, and market credibility. Strategic consolidation with a well-funded partner is a structural catalyst that can accelerate development timelines and de-risk project financing over the next several quarters to years.

High-Grade Exploration & Funded JV

High-grade drill results combined with a funded joint-venture materially de-risks resource definition and cash needs. Completed infrastructure upgrades reduce capital and permitting hurdles, improving economics and the probability that discoveries can progress toward resource development over the medium term.

Negative Factors

No Revenue & Recurring Losses

Absence of operating revenue leaves the company dependent on capital markets and partners to fund exploration. Persistent losses erode shareholder value and require continual funding, increasing dilution risk and making long-term project advancement contingent on external financing rather than internal cash generation.

Negative & Volatile Cash Flow

Material TTM cash burn and reversal after a one-year improvement show fragile cash conversion. This volatility implies recurring financing needs and raises execution risk for multi-year exploration programs, making the firm's project timelines and spending plans vulnerable to capital availability.

Weak Operating Track Record

Negative ROE and patchy historical profitability indicate management has yet to convert assets and capital into sustainable returns. For investors, this signals limited operating leverage and execution risk across exploration cycles, reducing confidence that current investments will yield persistent value creation.

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

Balance sheet strength is a key support (very low leverage with debt-to-equity ~0.002), but operating fundamentals are weak: no revenue reported, recurring net losses in the most recent periods (TTM net income -832,277), and renewed cash burn (TTM operating cash flow -623,146; TTM free cash flow -3,869,291) after a one-year improvement in FY2025.

Income Statement

The company reports no revenue across the annual periods provided, which limits visibility into operating momentum and makes profitability dependent on non-operating items. Profitability is weak in the most recent periods: TTM (Trailing-Twelve-Months) net income is -832,277 with negative EBIT/EBITDA, following a loss in FY2025 (-836,845) and FY2024 (-994,000). A key positive is that FY2023 was profitable (net income 329,830, positive EBIT/EBITDA), but results have not been sustained, pointing to high earnings volatility and limited underlying operating leverage.

Balance Sheet

The balance sheet is conservatively levered, with very low debt relative to equity (TTM debt-to-equity ~0.002; total debt 73,390 vs. equity 38.98M). Assets total 41.86M against a sizeable equity base, suggesting meaningful balance-sheet capacity and lower refinancing risk. The main weakness is returns: TTM return on equity is negative (~-2.2%), reflecting ongoing losses and indicating that strong capitalization is not currently translating into shareholder value creation.

Cash Flow

Cash generation is inconsistent. TTM (Trailing-Twelve-Months) operating cash flow is negative (-623,146) and free cash flow is materially negative (-3,869,291), implying cash burn that would likely need to be funded via the balance sheet or external capital. FY2025 showed a sharp improvement with positive operating cash flow (1,034,769) and positive free cash flow (957,900), but this reversed in the TTM period, highlighting volatility and limited durability of cash conversion.

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: Neutral
• Last Price: 0.21
• 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 Neutral. The current price of 0.21 is below the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.17, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.42 is Neutral, neither overbought nor oversold. The STOCH value of 28.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$60.78M	-27.94	-5.78%	―	―	37.37%
SOI	55 Neutral	C$79.78M	-77.08	-2.23%	―	―	-50.00%
YGT	52 Neutral	C$97.22M	-55.26	-2.88%	―	―	36.67%
GGO	50 Neutral	C$144.06M	-74.24	-3.92%	―	―	―
CCM	49 Neutral	C$112.50M	-49.14	-4.63%	―	―	45.79%
LME	46 Neutral	C$71.07M	-15.69	-56.09%	―	―	-13.33%

Sirios Resources Corporate Events

Sirios Resources Highlights Transformative OVI Mining Acquisition at Vancouver Investment Conference

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 direction. The company is entering a transformative phase following its recently announced acquisition of OVI Mining, a move aimed at consolidating a district-scale gold platform in Québec’s Eeyou Istchee James Bay region, increasing its scale, exploration upside and strengthening its development pipeline around the Cheechoo Gold Project, signaling a more ambitious growth and value-creation strategy for shareholders within the junior gold exploration space.

The most recent analyst rating on (TSE:SOI) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Sirios Resources stock, see the TSE:SOI Stock Forecast page.

Sirios Resources Secures $1.5 Million from Warrant Exercises and Ramps Up Investor Outreach

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 million. Management views the inflow as a vote of confidence in its pending combination with OVI Mining and plans to leverage the stronger treasury to intensify exploration work and significantly expand investor outreach in 2026, including attendance at major mining conferences in Vancouver and Toronto and a slate of investor luncheons and meetings across key Canadian financial centres. To further raise its market profile, Sirios has also engaged Investing News Network for a year-long investor awareness campaign and Resource Stock Digest for an advertising and marketing program, underscoring a concerted push to broaden its shareholder base and improve market visibility without diluting equity through additional share-based compensation to these service providers.

The most recent analyst rating on (TSE:SOI) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on Sirios Resources stock, see the TSE:SOI Stock Forecast page.

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.