Mega Uranium (TSE:MGA) Shares Climb 3.4% – Here’s Why

Shares of Mega Uranium Ltd. (TSE:MGA – Get Free Report) traded up 3.4% during trading on Friday. The company traded as high as C$0.47 and last traded at C$0.46. 530,478 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 890,180 shares. The stock had previously closed at C$0.44.

Mega Uranium Trading Up 3.4%

The firm has a market cap of C$175.13 million, a P/E ratio of 22.75 and a beta of 1.83. The firm’s fifty day moving average is C$0.52 and its two-hundred day moving average is C$0.60. The company has a quick ratio of 11.36, a current ratio of 1.45 and a debt-to-equity ratio of 8.23.

Mega Uranium (TSE:MGA – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported C$0.01 EPS for the quarter. Analysts predict that Mega Uranium Ltd. will post 5.16 earnings per share for the current fiscal year.

Mega Uranium Company Profile

(Get Free Report)

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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