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

Sienna Resources Inc. (CVE:SIEGet Free Report)’s stock price shot up 16.7% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 104,000 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 372,669 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Up 16.7 %

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 market capitalization of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47. The company has a quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05.

About Sienna Resources

(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.

Recommended Stories

Receive News & Ratings for Sienna Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sienna Resources and related companies with MarketBeat.com's FREE daily email newsletter.