Sego Resources (CVE:SGZ) Stock Price Down 20% – Here’s Why

Sego Resources Inc. (CVE:SGZGet Free Report) dropped 20% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 188,000 shares changed hands during mid-day trading, an increase of 128% from the average daily volume of 82,356 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Performance

The firm has a market capitalization of C$3.25 million, a PE ratio of -12.50 and a beta of 1.47. The business’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.39.

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.

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