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

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 Friday . 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$0.27, with a volume of 347,901 shares traded.

Mega Uranium Stock Performance

The company has a market capitalization of C$103.99 million, a P/E ratio of -16.83 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 fifty day moving average price is C$0.28 and its 200-day moving average price 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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