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Mega Uranium (TSE:MGA) Stock Price Passes Above 50-Day Moving Average - Should You 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 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.

Mega Uranium Stock Performance

The company has a market cap of C$102.10 million, a P/E ratio of -16.52 and a beta of 1.46. 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 stock has a 50 day moving average price of C$0.28 and a two-hundred day moving average price of 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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