Sego Resources (CVE:SGZ) Stock Price Down 20% – What’s Next?

Sego Resources Inc. (CVE:SGZGet Free Report)’s stock price fell 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 188,000 shares changed hands during 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 stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02. The company has a market cap of C$3.25 million, a PE 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.

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.

Further Reading

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