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Mega Uranium (TSE:MGA) Stock Crosses Below Two Hundred Day Moving Average - Should You Sell?

Mega Uranium logo with Energy background
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Mega Uranium Ltd. (TSE:MGA - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.32 and traded as low as C$0.26. Mega Uranium shares last traded at C$0.26, with a volume of 552,273 shares.

Mega Uranium Stock Performance

The company has a debt-to-equity ratio of 8.53, a quick ratio of 11.36 and a current ratio of 1.67. The firm has a market capitalization of C$109.67 million, a price-to-earnings ratio of -17.74 and a beta of 1.46. The business has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.32.

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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