Sego Resources (CVE:SGZ) Trading Down 16.7% – Here’s What Happened

Sego Resources Inc. (CVE:SGZ)’s stock price traded down 16.7% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 510,000 shares changed hands during trading, an increase of 292% from the average session volume of 130,206 shares. The stock had previously closed at C$0.03.

Sego Resources Price Performance

The stock has a market cap of C$4.32 million, a price-to-earnings ratio of -12.50 and a beta of -0.51. 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 company’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.02.

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.