Sego Resources (CVE:SGZ) Shares Up 20% – Should You Buy?

Sego Resources Inc. (CVE:SGZGet Free Report)’s share price was up 20% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 196,000 shares traded hands 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 Up 16.7%

The company has a market cap of C$6.05 million, a price-to-earnings ratio of -17.50 and a beta of -0.51. The stock’s 50-day moving average is C$0.02 and its 200-day moving average is 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.

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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