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

by · The Cerbat Gem

Sienna Resources Inc. (CVE:SIE – Get Free Report)’s stock 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 changed 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 Stock Up 16.7 %

The firm has a market cap of C$6.90 million, a PE ratio of -3.50 and a beta of 1.47. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 10.88. The company’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

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.

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