Sienna Resources (CVE:SIE) Trading Down 10% – Time to Sell?

Shares of Sienna Resources Inc. (CVE:SIEGet Free Report) were down 10% during trading on Friday . The company traded as low as C$0.04 and last traded at C$0.05. Approximately 386,000 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 507,130 shares. The stock had previously closed at C$0.05.

Sienna Resources Price Performance

The company has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.03. The company has a market capitalization of C$7.82 million, a P/E ratio of -4.18 and a beta of 1.47.

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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