Sego Resources (CVE:SGZ) Trading Up 15.4% – Time to Buy?

Sego Resources Inc. (CVE:SGZ) rose 15.4% during mid-day trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 446,000 shares traded hands during mid-day trading, an increase of 41% from the average daily volume of 315,210 shares. The stock had previously closed at C$0.07.

Sego Resources Stock Up 15.4%

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’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.04. The stock has a market capitalization of C$14.73 million, a PE ratio of -37.50 and a beta of -1.53.

Sego Resources Company Profile

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.