Sego Resources (CVE:SGZ) Shares Up 100% – Still a Buy?

Sego Resources Inc. (CVE:SGZGet Free Report)’s share price shot up 100% during mid-day trading 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 Trading Up 100.0%

The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. 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 company has a market capitalization of C$13.45 million, a PE ratio of -35.00 and a beta of -0.09.

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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