Sego Resources (CVE:SGZ) Shares Up 100% – Time to Buy?

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price shot up 100% during trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.07. 3,168,095 shares were traded 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 Stock Performance

The firm has a market capitalization of C$13.45 million, a price-to-earnings ratio of -35.00 and a beta of -0.09. The firm’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. 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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