Mega Uranium (TSE:MGA) Shares Cross Above 50 Day Moving Average – Here’s Why
by Jessica Moore · The Cerbat GemShares of Mega Uranium Ltd. (TSE:MGA – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.58 and traded as high as C$0.70. Mega Uranium shares last traded at C$0.70, with a volume of 1,534,905 shares trading hands.
Mega Uranium Trading Up 2.9%
The company has a quick ratio of 11.36, a current ratio of 1.67 and a debt-to-equity ratio of 8.53. The firm has a 50 day moving average price of C$0.59 and a 200 day moving average price of C$0.45. The stock has a market capitalization of C$273.47 million, a PE ratio of 72.00 and a beta of 1.26.
Mega Uranium Company Profile
Mega Uranium Ltd is a Canada based exploration stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include Ben Lomond, Georgetown, and Kintyre in Australia. Geographically, it operates in Canada and Australia.