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

Sego Resources Inc. (CVE:SGZGet Free Report) shares fell 20% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 188,000 shares changed hands 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 Price Performance

The firm has a market capitalization of C$3.25 million, a P/E ratio of -12.50 and a beta of 1.47. The business’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is 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.

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.

Further Reading

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