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

Sego Resources Inc. (CVE:SGZ)’s stock price was down 20% 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 Stock Performance

The business has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.02. The stock has a market capitalization of C$3.25 million, a P/E ratio of -12.50 and a beta of 1.47. 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

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.