Sienna Resources (CVE:SIE) Trading Down 16.7% – What’s Next?

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price dropped 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 142,000 shares were traded during trading, an increase of 48% from the average daily volume of 95,963 shares. The stock had previously closed at C$0.03.

Sienna Resources Trading Down 16.7 %

The firm has a market capitalization of C$4.93 million, a P/E ratio of -2.50 and a beta of 1.47. The company has a quick ratio of 2.04, a current ratio of 10.88 and a debt-to-equity ratio of 1.05. The firm’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.

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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