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Mega Uranium (TSE:MGA) Stock Passes Above Fifty Day Moving Average - Time to Sell?

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report) 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 trading hands.

Mega Uranium Price Performance

The firm has a market capitalization of C$142.82 million, a P/E ratio of 38.00 and a beta of 1.46. The company has a debt-to-equity ratio of 8.28, a quick ratio of 11.36 and a current ratio of 1.79. The stock has a 50 day moving average of C$0.32 and a two-hundred day moving average of C$0.33.

About Mega Uranium

(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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