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

Sienna Resources Inc. (CVE:SIEGet Free Report)’s stock price traded up 16.7% during 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 mid-day trading, a decline of 72% from the average session volume of 372,625 shares. The stock had previously closed at C$0.03.

Sienna Resources Trading Up 16.7 %

The company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04. The company 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 quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05.

About Sienna Resources

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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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