Mega Uranium (TSE:MGA) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s stock price 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 changing hands.

Mega Uranium Trading Down 5.5 %

The firm has a market capitalization of C$98.32 million, a P/E ratio of -15.91 and a beta of 1.46. The stock’s 50-day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.32. The company has a debt-to-equity ratio of 8.53, a current ratio of 1.67 and a quick ratio of 11.36.

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.

Recommended Stories

Receive News & Ratings for Mega Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mega Uranium and related companies with MarketBeat.com's FREE daily email newsletter.