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Mega Uranium (TSE:MGA) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.27 and traded as high as C$0.29. Mega Uranium shares last traded at C$0.27, with a volume of 355,920 shares traded.

Mega Uranium Price Performance

The company has a debt-to-equity ratio of 8.53, a current ratio of 1.67 and a quick ratio of 11.36. The stock has a market capitalization of C$98.32 million, a price-to-earnings ratio of -15.91 and a beta of 1.46. The company has a 50-day simple moving average of C$0.27 and a two-hundred day simple moving average of C$0.31.

About Mega Uranium

(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.

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