Sienna Resources (CVE:SIE) Shares Up 33.3% – Time to Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report) was up 33.3% on Wednesday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 5,803,678 shares traded hands 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 Stock Performance

The firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03. The firm has a market capitalization of C$6.95 million, a P/E 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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