Mega Uranium (TSE:MGA) Shares Up 5.5%

Mega Uranium Ltd. (TSE:MGAGet Free Report) was up 5.5% during mid-day trading on Friday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 65,204 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 612,157 shares. The stock had previously closed at C$0.28.

Mega Uranium Stock Up 5.5 %

The company’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.34. The company has a quick ratio of 11.36, a current ratio of 1.79 and a debt-to-equity ratio of 8.28. The stock has a market cap of C$107.58 million, a P/E ratio of 27.50 and a beta of 1.43.

About Mega Uranium

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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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