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

Shares of Sego Resources Inc. (CVE:SGZGet Free Report) dropped 25% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 381,110 shares changed hands during trading, an increase of 130% from the average session volume of 165,367 shares. The stock had previously closed at C$0.04.

Sego Resources Price Performance

The stock has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$8.56 million, a P/E ratio of -20.00 and a beta of -0.77. 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. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.

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