Sienna Resources (CVE:SIE) Stock Price Up 50% – Still a Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report) shares rose 50% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 5,034,698 shares were traded during trading, an increase of 1,485% from the average daily volume of 317,609 shares. The stock had previously closed at C$0.03.

Sienna Resources Price Performance

The company has a market cap of C$6.95 million, a P/E ratio of -3.71 and a beta of 1.47. The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

About Sienna Resources

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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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