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

Sego Resources Inc. (CVE:SGZGet Free Report) shares rose 20% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 196,000 shares were traded during mid-day 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 Trading Up 16.7%

The stock’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The firm has a market cap of C$6.05 million, a PE ratio of -17.50 and a beta of -0.51. The company has a quick ratio of 0.78, a current ratio of 0.39 and a debt-to-equity ratio of 0.04.

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.

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