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Mega Uranium (TSE:MGA) Hits New 12-Month Low - Here's Why

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.23 and last traded at C$0.25, with a volume of 714553 shares changing hands. The stock had previously closed at C$0.26.

Mega Uranium Price Performance

The company has a 50 day moving average of C$0.28 and a 200 day moving average of C$0.32. The stock has a market capitalization of C$103.99 million, a price-to-earnings ratio of -16.83 and a beta of 1.46. The company has a quick ratio of 11.36, a current ratio of 1.67 and a debt-to-equity ratio of 8.53.

Mega Uranium Company Profile

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Mega Uranium Ltd., a uranium mining and investment company, explores for uranium prospective properties primarily in Australia and Canada. The company holds interest in the Georgetown project located in Queensland, Australia; and Redport project located in Western Australia. The company was formerly known as Maple Minerals Corp.

Further Reading

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