Sego Resources (CVE:SGZ) Shares Up 20% – Should You Buy?

Sego Resources Inc. (CVE:SGZGet Free Report) rose 20% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 239,000 shares traded hands during trading, an increase of 163% from the average daily volume of 91,039 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Up 20.0 %

The company has a quick ratio of 0.78, a current ratio of 0.39 and a debt-to-equity ratio of 0.04. The stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The firm has a market capitalization of C$4.88 million, a PE ratio of -12.50 and a beta of 1.47.

About Sego Resources

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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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