Mega Uranium (TSE:MGA) Sets New 52-Week High – Here’s Why

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.69 and last traded at C$0.65, with a volume of 924447 shares changing hands. The stock had previously closed at C$0.68.

Mega Uranium Trading Down 4.4%

The company has a current ratio of 1.67, a quick ratio of 11.36 and a debt-to-equity ratio of 8.53. The stock has a market capitalization of C$245.48 million, a P/E ratio of -65.00 and a beta of 1.23. The company has a 50-day moving average price of C$0.47 and a 200 day moving average price of C$0.39.

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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