Sirios Resources (SOI) AI Stock Analysis

• Market Cap: C$15.48M
• Dividend Yield: N/A
• Average Volume (3M): 337.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• Revenue Growth: N/A
• EPS Growth: -300.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 343,987,760
• 10 Day Avg. Volume: 198,615
• 30 Day Avg. Volume: 337,821
• PEG Ratio: -5.33
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.60
• 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' overall score is primarily impacted by its financial difficulties, including zero revenue and persistent losses. Positive developments in drilling campaigns and project expansion provide some optimism, but the lack of current income and negative cash flows remain critical concerns. Technical indicators suggest limited market momentum, and the negative valuation metrics further weigh down the stock's attractiveness.

Sirios Resources Business Overview & Revenue Model

Company Description

Sirios Resources (SOI) is a Canadian-based mining exploration company focused on the discovery and development of mineral resources, primarily gold. Operating within the natural resources sector, Sirios Resources concentrates its efforts in the prolific mining regions of Quebec, Canada. The company is dedicated to identifying, acquiring, and advancing high-potential mining properties through exploration activities and strategic partnerships.

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 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: Positive
• RSI: Neutral
• STOCH: Positive

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 0.04, 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 Positive momentum. The RSI at 45.54 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, 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	54 Neutral	C$19.27M	3.56	10.15%	―	―	―
AZM	52 Neutral	C$49.78M	221.74	-0.64%	―	―	88.31%
Sector *	49 Neutral	$1.96B	-1.15	-21.28%	3.71%	1.17%	-30.86%
MTX	46 Neutral	C$6.91M	15.63	7.51%	―	―	―
RDS	42 Neutral	C$108.99M	―	-4.14%	―	―	50.00%
SOI	38 Underperform	C$15.48M	―	-1.35%	―	―	-300.00%

Sirios Resources Corporate Events

Sirios Resources Launches New Drilling Campaign at Aquilon Gold Project

Sirios Resources Inc. announced a diamond drilling program on the Aquilon gold project in Eeyou Istchee James Bay, Quebec, set to begin in the summer. The program, funded by Sumitomo Metal Mining Canada, aims to explore around ten new targets and is part of Sumitomo’s option to acquire an 80% interest in the project through a $14.8 million investment. This initiative could enhance Sirios’s position in the mining industry by potentially uncovering high-grade gold deposits, thereby impacting stakeholders positively.

Spark’s Take on TSE:SOI Stock

According to Spark, TipRanks’ AI Analyst, TSE:SOI is a Neutral.

Sirios Resources’ overall score is primarily impacted by its financial difficulties, including zero revenue and persistent losses. Positive developments at the Cheechoo project provide some optimism, but the lack of current income and negative cash flows remain critical concerns. The technical indicators are neutral, suggesting limited market momentum.

To see Spark’s full report on TSE:SOI stock, click here.

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.