Sego Resources (CVE:SGZ) Stock Price Up 33.3% – Time to Buy?

by · The Markets Daily

Sego Resources Inc. (CVE:SGZ – Get Free Report)’s share price shot up 33.3% during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.04. 458,089 shares changed hands during mid-day trading, an increase of 244% from the average session volume of 133,320 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Performance

The firm’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.02. The firm has a market capitalization of C$8.65 million, a price-to-earnings ratio of -22.50 and a beta of -0.09. The company has a current ratio of 0.39, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04.

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.

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