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

Mega Uranium Ltd. (TSE:MGAGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as C$0.50 and last traded at C$0.49, with a volume of 134618 shares. The stock had previously closed at C$0.48.

Mega Uranium Stock Up 1.0%

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 moving average price is C$0.42 and its 200-day moving average price is C$0.36. The stock has a market capitalization of C$183.17 million, a PE ratio of -48.50 and a beta of 1.44.

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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