Sego Resources (CVE:SGZ) Stock Jumps 16.7% – Should You Buy?

Shares of Sego Resources Inc. (CVE:SGZ – Get Free Report) shot up 16.7% during trading on Thursday. The company traded as high as C$0.04 and last traded at C$0.04. Approximately 231,200 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 167,585 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Up 16.7%

The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$7.49 million, a P/E ratio of -17.50 and a beta of -0.77. The company has a current ratio of 0.39, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04.

About Sego Resources

(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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