Sienna Resources (CVE:SIE) Shares Up 16.7% – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) rose 16.7% during mid-day trading on Tuesday . The company 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 Price Performance

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 has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The firm has a market capitalization of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47.

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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