Free Trial

Mega Uranium (TSE:MGA) Shares Pass Above 50 Day Moving Average - Time to Sell?

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.27 and traded as high as C$0.28. Mega Uranium shares last traded at C$0.27, with a volume of 466,188 shares changing hands.

Mega Uranium Stock Performance

The firm's 50-day moving average price is C$0.27 and its 200-day moving average price is C$0.31. 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 company has a market cap of C$105.88 million, a P/E ratio of -17.13 and a beta of 1.46.

Mega Uranium Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Mega Uranium Right Now?

Before you consider Mega Uranium, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mega Uranium wasn't on the list.

While Mega Uranium currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines