Sego Resources (CVE:SGZ) Stock Price Up 50% – Still a Buy?

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) traded up 50% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 418,089 shares were traded during trading, an increase of 215% from the average session volume of 132,566 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Up 33.3%

The company has a current ratio of 0.39, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02. The firm has a market capitalization of C$6.92 million, a PE ratio of -20.00 and a beta of -0.51.

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.

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