Sienna Resources (CVE:SIE) Shares Up 16.7% – Still a Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price was up 16.7% on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 104,000 shares were traded 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 Trading Up 16.7 %

The company has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.04. 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 market capitalization 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.

Further Reading

Receive News & Ratings for Sienna Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sienna Resources and related companies with MarketBeat.com's FREE daily email newsletter.