Sienna Resources (CVE:SIE) Stock Price Up 16.7% – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 16.7% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 104,000 shares changed hands during mid-day 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 Price Performance

The company has a market cap of C$6.90 million, a price-to-earnings ratio of -3.50 and a beta of 1.47. 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 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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