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

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price dropped 20% on Tuesday . The stock 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 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 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The stock has a market capitalization of C$3.25 million, a P/E ratio of -12.50 and a beta of 1.47.

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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