Sego Resources (CVE:SGZ) Trading Down 11.1% – Should You Sell?

Shares of Sego Resources Inc. (CVE:SGZ) traded down 11.1% on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 164,000 shares traded hands during trading, an increase of 22% from the average session volume of 134,847 shares. The stock had previously closed at C$0.05.

Sego Resources Price Performance

The business has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.02. The company has a quick ratio of 0.78, a current ratio of 0.39 and a debt-to-equity ratio of 0.04. The company has a market capitalization of C$7.69 million, a price-to-earnings ratio of -20.00 and a beta of -0.09.

Sego Resources Company Profile

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.