Sienna Resources (CVE:SIE) Sets New 1-Year Low – Should You Sell?

Sienna Resources Inc. (CVE:SIEGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 6000 shares. The stock had previously closed at C$0.03.

Sienna Resources Stock Performance

The company’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. 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 company has a market capitalization of C$6.90 million, a P/E ratio of -3.00 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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