Sego Resources (CVE:SGZ) Shares Down 15.4% – Here’s What Happened

Sego Resources Inc. (CVE:SGZ)’s share price fell 15.4% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 109,666 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 293,848 shares. The stock had previously closed at C$0.07.

Sego Resources Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 0.39 and a quick ratio of 0.78. The firm has a market cap of C$11.78 million, a price-to-earnings ratio of -30.00 and a beta of -1.39. The stock’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.05.

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. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.