Sienna Resources (CVE:SIE) Trading Up 16.7% – Time to Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price was up 16.7% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 104,000 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 372,669 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Performance

The business has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.04. The company has a quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05. The company has a market cap of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47.

Sienna Resources Company Profile

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Sienna Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It primarily explores for platinum, palladium, and lithium deposits. The company was formerly known as Habanero Resources Inc and changed its name to Sienna Resources Inc in January 2014.

Further Reading

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