Mega Uranium (TSE:MGA) Shares Pass Above 50-Day Moving Average – What’s Next?

Mega Uranium Ltd. (TSE:MGAGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.66 and traded as high as C$0.68. Mega Uranium shares last traded at C$0.66, with a volume of 285,162 shares trading hands.

Mega Uranium Stock Down 2.9%

The company has a market cap of C$253.37 million, a P/E ratio of 33.00 and a beta of 0.62. The company has a 50 day moving average of C$0.66 and a 200-day moving average of C$0.59. The company has a debt-to-equity ratio of 6.88, a current ratio of 1.28 and a quick ratio of 11.36.

About Mega Uranium

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Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies.

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