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

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) fell 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 188,000 shares were traded during mid-day trading, an increase of 128% from the average session volume of 82,356 shares. The stock had previously closed at C$0.03.

Sego Resources Stock Performance

The business has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. 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 cap of C$3.25 million, a P/E 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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