Sienna Resources (CVE:SIE) Stock Price Up 16.7% – Time to Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s stock price rose 16.7% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 1,939,459 shares changed hands during trading, an increase of 800% from the average daily volume of 215,458 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Performance

The firm’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The firm has a market capitalization of C$6.95 million, a price-to-earnings ratio of -3.71 and a beta of 1.47.

Sienna Resources Company Profile

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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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