Sego Resources (CVE:SGZ) Shares Up 100% – Here’s Why

Sego Resources Inc. (CVE:SGZGet Free Report)’s share price rose 100% 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 Stock Up 100.0%

The company has a market capitalization of C$13.45 million, a price-to-earnings ratio of -35.00 and a beta of -0.09. 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 fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

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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