Sienna Resources (CVE:SIE) Stock Passes Below 50 Day Moving Average – Should You Sell?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.04 and traded as low as C$0.04. Sienna Resources shares last traded at C$0.04, with a volume of 75,000 shares traded.

Sienna Resources Stock Down 12.5 %

The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$6.90 million, a PE ratio of -3.50 and a beta of 1.51. The company has a current ratio of 10.88, a quick ratio of 2.04 and a debt-to-equity ratio of 1.05.

About Sienna Resources

(Get Free Report)

Sienna Resources Inc engages in the identification, acquisition, and exploration of mineral properties in Canada, Finland, Norway, and the United States. The company primarily explores for platinum, palladium, and lithium deposits. It holds interests in the Atomic Uranium project consists of approximately of 50,440 contiguous acres in the Athabasca Basin of Saskatchewan; and has an option to acquire a 100% interest in the Elko lithium project that covers an area of 1200 contiguous acres in Elko County, Nevada.

Read More

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.