Sego Resources (CVE:SGZ) Stock Price Up 15.4% – Here’s Why

Sego Resources Inc. (CVE:SGZ)’s share price was up 15.4% during trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 448,000 shares changed hands during mid-day trading, an increase of 37% from the average daily volume of 328,177 shares. The stock had previously closed at C$0.07.

Sego Resources Stock Performance

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’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$14.73 million, a price-to-earnings ratio of -37.50 and a beta of -1.53.

About Sego Resources

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.