Sego Resources (CVE:SGZ) Shares Up 20% – Here’s Why

Sego Resources Inc. (CVE:SGZGet Free Report) shot up 20% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 101,000 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 125,148 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Performance

The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$5.19 million, a P/E ratio of -15.00 and a beta of -0.51. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.39.

About Sego Resources

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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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