Sienna Resources (CVE:SIE) Stock Increases by 16.7%

Sienna Resources Inc. (CVE:SIE) experienced a notable increase of 16.7% during trading on Wednesday. The stock reached a peak price of C$0.04 before closing at the same price. During the day, approximately 104,000 shares were exchanged, which is a significant drop of 72% compared to the average trading volume of 372,669 shares. Previous to this rise, the stock's last closing price was C$0.03.

Stock Performance Overview

The stock has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. Currently, Sienna Resources has a market capitalization of C$6.90 million, a PE ratio of -3.50, and it carries a beta of 1.47, indicating its volatility relative to the market. The company's debt-to-equity ratio stands at 1.05, while it maintains a quick ratio of 2.04 and a current ratio of 10.88.

About Sienna Resources

Sienna Resources Inc. is engaged in the acquisition, exploration, and assessment of mineral properties primarily located in Canada and the United States. The company focuses on exploring deposits of platinum, palladium, and lithium. It was previously known as Habanero Resources Inc. and rebranded to Sienna Resources Inc. in January 2014.

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Sienna, Stocks, Market