Sienna Resources (CVE:SIE) Shares Up 33.3% – Should You Buy?

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

Sienna Resources Trading Up 33.3 %

The business’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market capitalization of C$6.95 million, a price-to-earnings ratio of -3.71 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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