Mega Uranium (TSE:MGA) Trading Up 10.9%

Mega Uranium Ltd. (TSE:MGAGet Free Report) shot up 10.9% on Wednesday . The stock traded as high as C$0.36 and last traded at C$0.36. 396,974 shares traded hands during trading, a decline of 38% from the average session volume of 644,366 shares. The stock had previously closed at C$0.32.

Mega Uranium Stock Performance

The company has a market capitalization of C$130.59 million, a price-to-earnings ratio of 16.00 and a beta of 1.47. The firm’s 50 day simple moving average is C$0.37 and its 200-day simple moving average is C$0.40. The company has a debt-to-equity ratio of 8.27, a quick ratio of 11.36 and a current ratio of 1.72.

About Mega Uranium

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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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