Sienna Resources (CVE:SIE) Shares Up 33.3% – Still a Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s stock price was up 33.3% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.04. Approximately 5,803,678 shares were traded during mid-day trading, an increase of 1,542% from the average daily volume of 353,466 shares. The stock had previously closed at C$0.03.

Sienna Resources Price Performance

The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The firm has a market cap of C$6.95 million, a price-to-earnings ratio of -3.71 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.

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