Sienna Resources (CVE:SIE) Shares Up 25% – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 25% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,784,005 shares changed hands during trading, an increase of 533% from the average session volume of 440,072 shares. The stock had previously closed at C$0.04.

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$7.82 million, a P/E ratio of -4.18 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.

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