Sego Resources (CVE:SGZ) Shares Down 25% – Here’s What Happened

Shares of Sego Resources Inc. (CVE:SGZ – Get Free Report) dropped 25% on Wednesday. The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 639,828 shares were traded during trading, an increase of 283% from the average session volume of 167,140 shares. The stock had previously closed at C$0.04.

Sego Resources Stock Up 16.7%

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 firm has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The firm has a market capitalization of C$7.49 million, a price-to-earnings ratio of -17.50 and a beta of -0.77.

About Sego Resources

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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.

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