Sienna Resources (CVE:SIE) Shares Up 16.7% – What’s Next?

Sienna Resources Inc. (CVE:SIEGet Free Report) shares rose 16.7% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 104,000 shares changed hands during mid-day 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 Stock Up 16.7 %

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

Sienna Resources Company Profile

(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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