Sienna Resources (CVE:SIE) Trading 16.7% Higher – What’s Next?

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) rose 16.7% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 104,000 shares changed hands during trading, a decline of 72% from the average daily volume of 372,669 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Performance

The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 10.88. The company has a market cap of C$6.90 million, a PE ratio of -3.50 and a beta of 1.47. The business’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.04.

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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