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

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 33.3% 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 Stock Performance

The stock’s fifty day moving average is C$0.03 and its two-hundred day 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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