Sienna Resources (CVE:SIE) Stock Price Up 16.7% – Time to Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price was 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 changed hands during 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 company has a current ratio of 10.88, a quick ratio of 2.04 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of C$6.90 million, a PE ratio of -3.50 and a beta of 1.47. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.

About Sienna Resources

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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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