Sienna Resources (CVE:SIE) Trading 16.7% Higher – Time to Buy?

by · The Markets Daily

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

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 has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 10.88.

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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