Sienna Resources (CVE:SIE) Trading 33.3% Higher – Time to Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report) shares rose 33.3% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.04. Approximately 5,803,678 shares changed hands during trading, an increase of 1,542% from the average daily volume of 353,466 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Performance

The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The stock has a market cap 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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