Sienna Resources (CVE:SIE) Stock Price Up 16.7% – Should You Buy?

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

Sienna Resources Price Performance

The stock has a market capitalization of C$6.90 million, a PE 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. The company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

Sienna Resources Company Profile

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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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