Sienna Resources (CVE:SIE) Shares Down 20% – Time to Sell?

Sienna Resources Inc. (CVE:SIEGet Free Report) was down 20% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 1,307,300 shares traded hands during mid-day trading, an increase of 117% from the average daily volume of 601,271 shares. The stock had previously closed at C$0.05.

Sienna Resources Stock Performance

The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$6.95 million, a price-to-earnings ratio of -3.71 and a beta of 1.47.

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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