Mega Uranium (TSE:MGA) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of Mega Uranium Ltd. (TSE:MGAGet 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

(Get Free Report)

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.

Read More

Receive News & Ratings for Mega Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mega Uranium and related companies with MarketBeat.com's FREE daily email newsletter.