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

Written by MarketBeat
September 27, 2025
Mega Uranium logo with Energy background

Key Points

  • Mega Uranium's stock price has recently crossed above its fifty-day moving average of C$0.31, reaching a high of C$0.44 during trading.
  • The company has a market capitalization of C$161.84 million and a negative price-to-earnings ratio of -10.75, indicating potential financial challenges.
  • Director Larry Goldberg sold 100,000 shares, reducing his position by 50% and receiving approximately C$34,500 for the sale.
  • Five stocks we like better than Mega Uranium.

Mega Uranium Ltd. (TSE:MGA - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.31 and traded as high as C$0.44. Mega Uranium shares last traded at C$0.43, with a volume of 1,171,888 shares traded.

Mega Uranium Price Performance

The stock has a market capitalization of C$161.84 million, a price-to-earnings ratio of -10.75 and a beta of 1.41. The company's 50-day simple moving average is C$0.31 and its 200 day simple moving average is C$0.29. The company has a quick ratio of 11.36, a current ratio of 1.67 and a debt-to-equity ratio of 8.53.

Insiders Place Their Bets

In related news, Director Larry Goldberg sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of C$0.35, for a total value of C$34,500.00. Following the completion of the sale, the director directly owned 100,000 shares in the company, valued at approximately C$34,500. The trade was a 50.00% decrease in their position. Company insiders own 3.22% of the company's stock.

About Mega Uranium

(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.

See Also

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