Mega Uranium (TSE:MGA) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Mega Uranium Ltd. (TSE:MGA)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.62 and traded as high as C$0.62. Mega Uranium shares last traded at C$0.60, with a volume of 1,018,321 shares.

Mega Uranium Stock Performance

The company has a debt-to-equity ratio of 8.32, a quick ratio of 11.36 and a current ratio of 1.28. The stock has a fifty day simple moving average of C$0.62 and a two-hundred day simple moving average of C$0.52. The stock has a market cap of C$227.90 million, a PE ratio of 60.00 and a beta of 0.60.

About Mega Uranium

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.