Sienna Resources (CVE:SIE) Trading Down 20% – Here’s Why

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price traded down 20% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 1,307,300 shares were traded during mid-day trading, an increase of 117% from the average session volume of 601,271 shares. The stock had previously closed at C$0.05.

Sienna Resources Stock Performance

The company has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.03. The firm has a market cap of C$6.95 million, a price-to-earnings ratio of -3.71 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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