Mega Uranium (TSE:MGA) Stock Jumps 3.4% – Here’s What Happened

Mega Uranium Ltd. (TSE:MGA – Get Free Report) rose 3.4% on Friday. The company traded as high as C$0.47 and last traded at C$0.46. 530,478 shares changed hands during trading, a decline of 40% from the average session volume of 890,180 shares. The stock had previously closed at C$0.44.

Mega Uranium Stock Performance

The company has a market cap of C$175.13 million, a P/E ratio of 22.75 and a beta of 1.83. The stock has a 50 day moving average price of C$0.52 and a two-hundred day moving average price of C$0.60. The company has a quick ratio of 11.36, a current ratio of 1.45 and a debt-to-equity ratio of 8.23.

Mega Uranium (TSE:MGA – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.01 earnings per share (EPS) for the quarter. On average, research analysts predict that Mega Uranium Ltd. will post 5.16 earnings per share for the current fiscal year.

Mega Uranium Company Profile

(Get Free Report)

Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies.

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