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Mega Uranium (TSE:MGA) Stock Crosses Above Fifty Day Moving Average - Here's Why

Mega Uranium logo with Energy background

Shares of 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$0.28 and traded as high as C$0.28. Mega Uranium shares last traded at C$0.28, with a volume of 257,908 shares trading hands.

Mega Uranium Stock Down 5.3%

The company has a market capitalization of C$102.10 million, a PE ratio of -16.52 and a beta of 1.46. The company has a debt-to-equity ratio of 8.53, a quick ratio of 11.36 and a current ratio of 1.67. The stock's 50 day moving average is C$0.28 and its 200 day moving average is C$0.29.

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.

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