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

Sego Resources Inc. (CVE:SGZGet Free Report) dropped 20% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 188,000 shares changed hands during 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 Trading Down 20.0%

The company has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.02. The company has a market cap of C$3.25 million, a PE ratio of -12.50 and a beta of 1.47. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.39 and a quick ratio of 0.78.

Sego Resources Company Profile

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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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