Sienna Resources (CVE:SIE) Trading Up 16.7% – Still a Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 16.7% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 330,971 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 378,725 shares. The stock had previously closed at C$0.03.

Sienna Resources Price Performance

The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The company has a debt-to-equity ratio of 1.05, a current ratio of 10.88 and a quick ratio of 2.04. The firm has a market cap of C$5.91 million, a P/E ratio of -3.00 and a beta of 1.47.

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.

Further Reading

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