Sienna Resources (CVE:SIE) Stock Price Up 22.2% – Time to Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price shot up 22.2% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 4,053,561 shares were traded during mid-day trading, an increase of 609% from the average session volume of 571,962 shares. The stock had previously closed at C$0.05.

Sienna Resources Stock Performance

The firm has a market cap of C$9.55 million, a price-to-earnings ratio of -5.11 and a beta of 1.47. The business’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

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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