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

Sienna Resources Inc. (CVE:SIEGet Free Report) shares 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 were traded 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 Up 16.7 %

The stock 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 firm’s 50 day moving average is C$0.03 and its two-hundred day 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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