Sego Resources (CVE:SGZ) Trading Down 10% – What’s Next?

Sego Resources Inc. (CVE:SGZ) was down 10% during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 212,000 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 266,633 shares. The stock had previously closed at C$0.05.

Sego Resources Stock Down 10.0%

The firm has a market cap of C$8.84 million, a PE ratio of -22.50 and a beta of -1.39. The company has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.39 and a quick ratio of 0.78.

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.