Mega Uranium (TSE:MGA) Stock Price Down 7.5% – Time to Sell?

Mega Uranium Ltd. (TSE:MGAGet Free Report) shares were down 7.5% during mid-day trading on Wednesday . The stock traded as low as C$0.62 and last traded at C$0.62. Approximately 249,480 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 1,489,743 shares. The stock had previously closed at C$0.67.

Mega Uranium Stock Performance

The business has a 50-day moving average price of C$0.53 and a 200-day moving average price of C$0.42. The firm has a market capitalization of C$226.60 million, a price-to-earnings ratio of -60.00 and a beta of 1.26. The company has a quick ratio of 11.36, a current ratio of 1.67 and a debt-to-equity ratio of 8.53.

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.

Featured Stories

Receive News & Ratings for Mega Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mega Uranium and related companies with MarketBeat.com's FREE daily email newsletter.