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Mega Uranium (TSE:MGA) Stock Price Down 2.8% - Here's Why

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report)'s stock price fell 2.8% on Tuesday . The stock traded as low as C$0.35 and last traded at C$0.35. 150,813 shares were traded during mid-day trading, a decline of 75% from the average session volume of 598,603 shares. The stock had previously closed at C$0.36.

Mega Uranium Price Performance

The business's 50 day simple moving average is C$0.35 and its 200-day simple moving average is C$0.32. The stock has a market capitalization of C$133.55 million, a price-to-earnings ratio of 35.00 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.

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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