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

Sego Resources Inc. (CVE:SGZ)’s stock price traded up 100% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 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 Stock Performance

The business has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.03. 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

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.