Sienna Resources (CVE:SIE) Trading 16.7% Higher – Still a Buy?

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

The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The company has a quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of C$6.90 million, a price-to-earnings ratio of -3.50 and a beta of 1.47.

About Sienna Resources

(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.

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