Sego Resources (CVE:SGZ) Shares Up 20% – Still a Buy?

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) rose 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 196,000 shares were traded during trading, an increase of 55% from the average daily volume of 126,068 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Performance

The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The firm has a market cap of C$5.19 million, a PE ratio of -15.00 and a beta of -0.51. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.39.

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.

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