Sego Resources (CVE:SGZ) Trading Up 33.3% – Should You Buy?

by · The Cerbat Gem

Sego Resources Inc. (CVE:SGZ – Get Free Report) shares were up 33.3% on Monday . The company traded as high as C$0.05 and last traded at C$0.04. Approximately 458,089 shares traded hands during mid-day trading, an increase of 244% from the average daily volume of 133,320 shares. The stock had previously closed at C$0.03.

Sego Resources Price Performance

The stock has a market capitalization of C$8.65 million, a PE ratio of -22.50 and a beta of -0.09. The firm has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.02. The company has a current ratio of 0.39, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04.

About Sego Resources

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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.

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