Sego Resources (CVE:SGZ) Shares Up 20% – Here’s Why

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price shot up 20% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 196,000 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 126,068 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Up 20.0%

The company has a current ratio of 0.39, a quick ratio of 0.78 and a debt-to-equity ratio of 0.04. The firm has a market cap of C$5.19 million, a PE ratio of -15.00 and a beta of -0.51. The business’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

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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