Sego Resources (CVE:SGZ) Shares Down 12.5% – Here’s What Happened

Sego Resources Inc. (CVE:SGZGet Free Report) shares traded down 12.5% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 1,417,223 shares traded hands during mid-day trading, an increase of 876% from the average session volume of 145,194 shares. The stock had previously closed at C$0.04.

Sego Resources Price Performance

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

Sego Resources Company Profile

(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.

Further Reading

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