Sienna Resources (CVE:SIE) Shares Down 14.3% – Time to Sell?

Sienna Resources Inc. (CVE:SIEGet Free Report) dropped 14.3% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 2,199,714 shares were traded during mid-day trading, an increase of 388% from the average daily volume of 450,661 shares. The stock had previously closed at C$0.04.

Sienna Resources Trading Down 14.3 %

The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$5.21 million, a price-to-earnings ratio of -2.79 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.

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