Sienna Resources (CVE:SIE) Trading 16.7% Higher – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) rose 16.7% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 330,971 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 378,725 shares. The stock had previously closed at C$0.03.

Sienna Resources Price Performance

The company’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The company has a current ratio of 10.88, a quick ratio of 2.04 and a debt-to-equity ratio of 1.05. The stock has a market cap of C$5.91 million, a P/E ratio of -3.00 and a beta of 1.47.

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.

Further Reading

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.