Sienna Resources (CVE:SIE) Shares Down 20% – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) fell 20% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 1,307,300 shares traded hands during trading, an increase of 117% from the average session volume of 601,271 shares. The stock had previously closed at C$0.05.

Sienna Resources Price Performance

The business has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.03. The stock has a market capitalization of C$6.95 million, a price-to-earnings ratio of -3.71 and a beta of 1.47.

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.

Further Reading

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