Sego Resources (CVE:SGZ) Stock Price Up 100% – Still a Buy?

by · The Cerbat Gem

Shares of Sego Resources Inc. (CVE:SGZ – Get Free Report) were up 100% during trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 3,168,095 shares were traded during mid-day trading, an increase of 1,752% from the average daily volume of 171,052 shares. The stock had previously closed at C$0.04.

Sego Resources Stock Up 100.0%

The company has a current ratio of 0.39, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04. The firm’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The firm has a market cap of C$13.45 million, a price-to-earnings ratio of -35.00 and a beta of -0.09.

About Sego Resources

(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.

Read More