Sienna Resources (CVE:SIE) Stock Price Down 25% – Here’s Why

Sienna Resources Inc. (CVE:SIEGet Free Report) shares were down 25% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 114,000 shares changed hands during trading, a decline of 77% from the average daily volume of 499,973 shares. The stock had previously closed at C$0.02.

Sienna Resources Stock Performance

The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.03. The company has a market capitalization of C$2.61 million, a price-to-earnings ratio of -1.39 and a beta of 1.47.

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

Receive News & Ratings for Sienna Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sienna Resources and related companies with MarketBeat.com's FREE daily email newsletter.