Sego Resources (CVE:SGZ) Stock Price Down 15.4% – Here’s Why

Shares of Sego Resources Inc. (CVE:SGZ) traded down 15.4% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 109,666 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 293,848 shares. The stock had previously closed at C$0.07.

Sego Resources Stock Performance

The firm has a market capitalization of C$10.80 million, a PE ratio of -27.50 and a beta of -1.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.39. The business’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.05.

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. Sego Resources Inc was incorporated in 2005 and is headquartered in North Vancouver, Canada.