Mega Uranium (TSE:MGA) Sets New 12-Month Low – What’s Next?

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.24 and last traded at C$0.25, with a volume of 419158 shares traded. The stock had previously closed at C$0.27.

Mega Uranium Stock Down 7.4 %

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 stock has a market cap of C$94.54 million, a P/E ratio of -15.30 and a beta of 1.46. The company’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.32.

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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