Sego Resources (CVE:SGZ) Shares Down 20% – Time to Sell?

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price was down 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 188,000 shares were traded 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 has a market capitalization of C$3.25 million, a price-to-earnings ratio of -12.50 and a beta of 1.47. 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 simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

About Sego Resources

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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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