Sego Resources (CVE:SGZ) Trading 100% Higher – Should You Buy?

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price shot up 100% on Saturday . The stock traded as high as C$0.08 and last traded at C$0.07. 3,168,095 shares changed hands during trading, an increase of 1,752% from the average session volume of 171,052 shares. The stock had previously closed at C$0.04.

Sego Resources Price Performance

The company has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a market cap of C$13.45 million, a price-to-earnings ratio of -35.00 and a beta of -0.09. The company has a quick ratio of 0.78, a current ratio of 0.39 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. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.

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