Mega Uranium (TSE:MGA) Stock Passes Above 50-Day Moving Average of $0.18

Mega Uranium Ltd. (TSE:MGAGet Rating) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.18 and traded as high as C$0.19. Mega Uranium shares last traded at C$0.19, with a volume of 149,367 shares traded.

Mega Uranium Price Performance

The company has a current ratio of 4.87, a quick ratio of 11.36 and a debt-to-equity ratio of 1.72. The firm has a market cap of C$66.54 million, a price-to-earnings ratio of -9.25 and a beta of 1.48. The company’s 50-day moving average is C$0.18 and its 200-day moving average is C$0.21.

About Mega Uranium

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Mega Uranium Ltd., a mineral exploration and development company, explores for uranium prospective properties primarily in Australia and Canada. The company hold interest in the Ben Lomond property comprising of 2 mining leases covering an area of 21.6 square kilometers located in Queensland, Australia.

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