Mega Uranium (TSE:MGA) Trading Down 2.8% – What’s Next?

Shares of Mega Uranium Ltd. (TSE:MGAGet Free Report) were down 2.8% during trading on Tuesday . The stock traded as low as C$0.35 and last traded at C$0.35. Approximately 150,813 shares were traded during trading, a decline of 75% from the average daily volume of 598,603 shares. The stock had previously closed at C$0.36.

Mega Uranium Stock Down 2.8 %

The business’s fifty day simple moving average is C$0.35 and its two-hundred day simple moving average is C$0.32. The company has a market cap of C$129.84 million, a PE ratio of 35.00 and a beta of 1.46. The company has a debt-to-equity ratio of 8.28, a current ratio of 1.79 and a quick ratio of 11.36.

Mega Uranium Company Profile

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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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