Mega Uranium (TSE:MGA) Stock Crosses Above 50-Day Moving Average of $0.09

Mega Uranium Ltd (TSE:MGA) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.09 and traded as high as $0.10. Mega Uranium shares last traded at $0.10, with a volume of 6,100 shares changing hands.

Separately, CSFB reissued a “neutral” rating and issued a C$55.00 price target on shares of Mega Uranium in a research note on Thursday, June 27th.

The business has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.10. The firm has a market cap of $32.64 million and a price-to-earnings ratio of -50.00.

About Mega Uranium (TSE:MGA)

Mega Uranium Ltd. engages in the mineral exploration and development of uranium properties primarily in Australia and Canada. Its principal properties include the Ben Lomond and Georgetown (Maureen) projects located in Queensland; and the Redport gold properties in Western Australia. The company was formerly known as Maple Minerals Corp.

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