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Mega Uranium (TSE:MGA) Stock Price Crosses Below 200 Day Moving Average - Time to Sell?

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.32 and traded as low as C$0.29. Mega Uranium shares last traded at C$0.30, with a volume of 397,290 shares trading hands.

Mega Uranium Price Performance

The company has a current ratio of 1.67, a quick ratio of 11.36 and a debt-to-equity ratio of 8.53. The firm has a market cap of C$109.67 million, a price-to-earnings ratio of -17.74 and a beta of 1.46. The stock has a 50-day moving average of C$0.33 and a two-hundred day moving average of C$0.32.

Mega Uranium Company Profile

(Get Free Report)

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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