Sego Resources (CVE:SGZ) Trading Down 12.5% – Here’s What Happened

Sego Resources Inc. (CVE:SGZGet Free Report)’s share price fell 12.5% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.04. 322,000 shares traded hands during trading, an increase of 72% from the average daily volume of 187,267 shares. The stock had previously closed at C$0.04.

Sego Resources Stock Down 12.5%

The stock’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.06. The stock has a market cap of C$7.49 million, a P/E ratio of -17.50 and a beta of -0.50. The company has a current ratio of 0.39, a quick ratio of 0.78 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. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.

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