Sienna Resources (CVE:SIE) Shares Down 20% – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) dropped 20% during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 1,307,300 shares were traded 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 Trading Up 12.5 %

The company has a market cap of C$7.82 million, a P/E ratio of -4.18 and a beta of 1.47. The firm has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.03.

Sienna Resources Company Profile

(Get Free Report)

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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