Sienna Resources (CVE:SIE) Stock Price Up 16.7% – Should You Buy?

by · The Markets Daily

Shares of Sienna Resources Inc. (CVE:SIE – Get Free Report) were up 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 104,000 shares traded hands during 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 Price Performance

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 has a market capitalization of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47. The company’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.04.

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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