Mega Uranium (TSE:MGA) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.32 and traded as low as C$0.26. Mega Uranium shares last traded at C$0.26, with a volume of 552,273 shares changing hands.

Mega Uranium Trading Down 5.5 %

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 company’s fifty day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.32. The company has a market capitalization of C$98.32 million, a price-to-earnings ratio of -15.91 and a beta of 1.46.

Mega Uranium Company Profile

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Mega Uranium Ltd., a uranium mining and investment company, explores for uranium prospective properties primarily in Australia and Canada. The company holds interest in the Georgetown project located in Queensland, Australia; and Redport project located in Western Australia. The company was formerly known as Maple Minerals Corp.

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