Sego Resources (CVE:SGZ) Trading Up 14.3% – Still a Buy?

Sego Resources Inc. (CVE:SGZ) shares traded up 14.3% during trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 638,870 shares were traded during trading, an increase of 320% from the average session volume of 151,947 shares. The stock had previously closed at C$0.04.

Sego Resources Stock Up 57.1%

The business has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.02. 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 company has a market cap of C$10.57 million, a price-to-earnings ratio of -27.50 and a beta of -0.09.

About Sego Resources

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.