Sienna Resources (CVE:SIE) Stock Price Up 12.5% – Here’s Why

Sienna Resources Inc. (CVE:SIEGet Free Report) rose 12.5% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 2,506,000 shares changed hands during trading, an increase of 516% from the average daily volume of 406,491 shares. The stock had previously closed at C$0.04.

Sienna Resources Price Performance

The stock has a market cap of C$8.69 million, a price-to-earnings ratio of -4.64 and a beta of 1.47. The stock’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03.

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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