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

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) dropped 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 188,000 shares traded 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 Price Performance

The company’s fifty day moving average is C$0.03 and its two-hundred day moving average is 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 cap of C$3.25 million, a price-to-earnings 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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