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

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) dropped 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 188,000 shares traded 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 firm has a market capitalization of C$3.25 million, a price-to-earnings ratio of -12.50 and a beta of 1.47. The firm’s 50 day moving average is C$0.03 and its 200 day 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.

About Sego Resources

(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.

Recommended Stories

Receive News & Ratings for Sego Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sego Resources and related companies with MarketBeat.com's FREE daily email newsletter.