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

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price was up 100% during mid-day trading on Friday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 3,168,095 shares traded hands during trading, an increase of 1,752% from the average daily volume of 171,052 shares. The stock had previously closed at C$0.04.

Sego Resources Stock Up 100.0%

The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.02. The company has a market capitalization of C$13.45 million, a P/E ratio of -35.00 and a beta of -0.09. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.39.

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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