Sienna Resources (CVE:SIE) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.04 and traded as high as C$0.04. Sienna Resources shares last traded at C$0.04, with a volume of 32,000 shares.

Sienna Resources Stock Down 11.1 %

The company has a market capitalization of C$6.95 million, a price-to-earnings ratio of -3.71 and a beta of 1.47. The stock’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.03.

Sienna Resources Company Profile

(Get Free Report)

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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