Sego Resources (CVE:SGZ) Trading Up 71.4% – Should You Buy?

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price shot up 71.4% during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,798,395 shares were traded during trading, an increase of 1,035% from the average session volume of 158,477 shares. The stock had previously closed at C$0.04.

Sego Resources Stock Up 85.7%

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.39 and a quick ratio of 0.78. The business has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.02. The stock has a market cap of C$12.49 million, a PE ratio of -32.50 and a beta of -0.09.

Sego Resources Company Profile

(Get Free Report)

Sego Resources Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It owns a 100% interest in the Miner Mountain property, a copper-gold porphyry project that consists of 15 mineral claims covering an area of approximately 2056.54 hectares located in the Similkameen Mining Division of British Columbia. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.

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