Mega Uranium (TSE:MGA) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Mega Uranium Ltd. (TSE:MGAGet Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.67 and traded as high as C$0.68. Mega Uranium shares last traded at C$0.67, with a volume of 532,514 shares trading hands.

Mega Uranium Price Performance

The stock has a fifty day moving average of C$0.67 and a 200-day moving average of C$0.60. The company has a quick ratio of 11.36, a current ratio of 1.28 and a debt-to-equity ratio of 6.88. The stock has a market capitalization of C$257.21 million, a price-to-earnings ratio of 33.50 and a beta of 0.62.

About Mega Uranium

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Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies.

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