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

Mega Uranium logo with Energy background

Mega Uranium Ltd. (TSE:MGA - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.33 and traded as low as C$0.32. Mega Uranium shares last traded at C$0.33, with a volume of 241,631 shares trading hands.

Mega Uranium Stock Down 1.5 %

The firm's 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.33. The company has a current ratio of 1.79, a quick ratio of 11.36 and a debt-to-equity ratio of 8.28. The company has a market cap of C$120.56 million, a P/E ratio of 34.00 and a beta of 1.46.

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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