Mega Uranium (TSE:MGA) Trading Down 8.6% – Time to Sell?

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s stock price dropped 8.6% during trading on Friday . The company traded as low as C$0.63 and last traded at C$0.64. 450,371 shares changed hands during trading, a decline of 51% from the average daily volume of 926,546 shares. The stock had previously closed at C$0.70.

Mega Uranium Stock Performance

The company has a market capitalization of C$246.34 million, a PE ratio of 32.00 and a beta of 0.65. The business’s fifty day moving average is C$0.57 and its two-hundred day moving average is C$0.62. The company has a current ratio of 1.45, a quick ratio of 11.36 and a debt-to-equity ratio of 8.23.

Mega Uranium (TSE:MGAGet Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported C$0.01 earnings per share (EPS) for the quarter. Equities research analysts predict that Mega Uranium Ltd. will post 5.1599998 earnings per share for the current year.

Mega Uranium Company Profile

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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.

Further Reading

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