Sienna Resources (CVE:SIE) Trading Up 22.2% – Should You Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s stock price shot up 22.2% on Monday . The company traded as high as C$0.06 and last traded at C$0.06. 3,189,290 shares were traded during trading, an increase of 496% from the average session volume of 535,485 shares. The stock had previously closed at C$0.05.

Sienna Resources Trading Up 22.2 %

The firm’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market capitalization of C$9.55 million, a P/E ratio of -5.11 and a beta of 1.47.

About Sienna Resources

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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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