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

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price traded up 16.7% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 104,000 shares were traded during 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 Price Performance

The company has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$6.90 million, a price-to-earnings 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.

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

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