Sego Resources (CVE:SGZ) Shares Up 100% – Time to Buy?

by · The Cerbat Gem

Shares of Sego Resources Inc. (CVE:SGZ – Get Free Report) were up 100% during trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 3,168,095 shares changed hands 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 Price Performance

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 firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The stock has a market capitalization of C$13.45 million, a PE 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.

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