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

Sienna Resources Inc. (CVE:SIEGet Free Report)’s share price dropped 16.7% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 142,000 shares changed hands 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 Price Performance

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

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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