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

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) were up 16.7% on Tuesday . The company 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 Trading 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 company has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.04. The stock has a market capitalization of C$6.90 million, a price-to-earnings ratio of -3.50 and a beta of 1.47.

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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