Sienna Resources (CVE:SIE) Trading 12.5% Higher – Still a Buy?

Sienna Resources Inc. (CVE:SIEGet Free Report) shot up 12.5% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,506,000 shares were traded during mid-day trading, an increase of 516% from the average session volume of 406,491 shares. The stock had previously closed at C$0.04.

Sienna Resources Trading Up 12.5 %

The firm has a market capitalization of C$7.82 million, a price-to-earnings ratio of -4.18 and a beta of 1.47. The firm has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of 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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