Mega Uranium (TSE:MGA) Hits New 12-Month High – Still a Buy?

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.63 and last traded at C$0.60, with a volume of 1303734 shares trading hands. The stock had previously closed at C$0.58.

Mega Uranium Price Performance

The company has a quick ratio of 11.36, a current ratio of 1.67 and a debt-to-equity ratio of 8.53. The firm has a market cap of C$219.04 million, a PE ratio of -58.00 and a beta of 1.23. The stock has a 50 day moving average price of C$0.44 and a two-hundred day moving average price of C$0.37.

Mega Uranium Company Profile

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Mega Uranium Ltd is a Canada based exploration stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include Ben Lomond, Georgetown, and Kintyre in Australia. Geographically, it operates in Canada and Australia.

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