Sienna Resources (CVE:SIE) Stock Price Up 16.7% – Still a Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s stock price shot up 16.7% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 104,000 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 372,625 shares. The stock had previously closed at C$0.03.

Sienna Resources Price Performance

The company has a market capitalization of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47. The company has a debt-to-equity ratio of 1.05, a current ratio of 10.88 and a quick ratio of 2.04. The firm’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.04.

About Sienna Resources

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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.

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