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

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) rose 20% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 239,000 shares changed hands during mid-day trading, an increase of 163% from the average daily volume of 91,039 shares. The stock had previously closed at C$0.03.

Sego Resources Trading Down 16.7 %

The company has a market cap of C$4.07 million, a price-to-earnings ratio of -12.50 and a beta of 1.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.39. The business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02.

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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