Sienna Resources (CVE:SIE) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Sienna Resources Inc. (CVE:SIEGet Free Report) shares crossed below its 50 day moving average during trading on Thursday . 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 73,500 shares changing hands.

Sienna Resources Price Performance

The company has a current ratio of 10.88, a quick ratio of 2.04 and a debt-to-equity ratio of 1.05. The company has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$7.88 million, a P/E ratio of -4.00 and a beta of 1.51.

About Sienna Resources

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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.

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