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

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 16.7% during mid-day trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 104,000 shares traded hands 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 Trading Up 16.7 %

The company has a market cap of C$6.90 million, a P/E ratio of -3.50 and a beta of 1.47. The firm’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The company has a quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05.

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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