Mega Uranium (TSE:MGA) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.32 and traded as high as C$0.37. Mega Uranium shares last traded at C$0.37, with a volume of 1,296,421 shares.

Mega Uranium Stock Performance

The company has a debt-to-equity ratio of 8.28, a current ratio of 1.79 and a quick ratio of 11.36. The company has a market cap of C$135.40 million, a PE ratio of 36.50 and a beta of 1.46. The business has a fifty day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.33.

About Mega Uranium

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Mega Uranium Ltd., a uranium mining and investment company, explores for uranium prospective properties primarily in Australia and Canada. The company holds interest in the Georgetown project located in Queensland, Australia; and Redport project located in Western Australia. The company was formerly known as Maple Minerals Corp.

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