Sienna Resources (CVE:SIE) Trading 22.2% Higher – Here’s What Happened

Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 22.2% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 4,053,561 shares traded hands during trading, an increase of 609% from the average session volume of 571,962 shares. The stock had previously closed at C$0.05.

Sienna Resources Stock Performance

The stock has a market cap of C$9.55 million, a price-to-earnings ratio of -5.11 and a beta of 1.47. The firm’s 50-day simple moving average is C$0.03 and its two-hundred day simple 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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