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

Sienna Resources Inc. (CVE:SIEGet Free Report) shares traded up 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 104,000 shares changed hands during trading, a decline of 72% from the average session volume of 372,669 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Performance

The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.04. 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. The company has a quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05.

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

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