Sego Resources (CVE:SGZ) Trading 100% Higher – Here’s Why

Sego Resources Inc. (CVE:SGZGet Free Report)’s share price traded up 100% on Saturday . The company traded as high as C$0.08 and last traded at C$0.07. 3,168,095 shares were traded during mid-day 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 Up 100.0%

The firm has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.39 and a quick ratio of 0.78. The firm has a market cap of C$13.45 million, a price-to-earnings ratio of -35.00 and a beta of -0.09.

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. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.

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