Sienna Resources (CVE:SIE) Shares Up 16.7% – Should You Buy?

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) were 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. Approximately 104,000 shares traded 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 Price Performance

The company has a market cap of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47. 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 fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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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