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Mega Uranium (MGAFF)
:MGAFF

Mega Uranium (MGAFF) AI Stock Analysis

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Mega Uranium (MGAFF) vs. SPDR S&P 500 ETF (SPY)

Mega Uranium Business Overview & Revenue Model

Company DescriptionMega Uranium Ltd., a mineral exploration and development company, explores for uranium prospective properties primarily in Australia and Canada. Its principal properties include the Ben Lomond and Georgetown (Maureen) projects located in Queensland. The company was formerly known as Maple Minerals Corp. and changed its name to Mega Uranium Ltd. in October 2005. Mega Uranium Ltd. was incorporated in 1990 and is headquartered in Toronto, Canada.
How the Company Makes Money

Mega Uranium Financial Statement Overview

Summary
Mega Uranium faces significant financial hurdles, primarily due to the absence of revenue and persistent losses. While the balance sheet suggests a low-risk leverage position, the lack of cash flow and profitability poses severe risks to financial health and sustainability. The firm needs to generate revenue to improve its financial standing.
Income Statement
20
Very Negative
Mega Uranium's income statement shows no revenue generation over the periods analyzed. The company consistently reports negative net income, driven by persistent operating losses, as evidenced by negative EBIT and EBITDA margins. This lack of revenue and profitability indicates severe financial challenges, reflected in a low score.
Balance Sheet
45
Neutral
The company maintains a relatively strong equity base with a high equity ratio, indicating a solid cushion against liabilities. The debt-to-equity ratio remains low, suggesting conservative leverage. However, the absence of revenue raises concerns about the sustainability of its financial position over the long term.
Cash Flow
30
Negative
Mega Uranium's cash flow statements indicate negative free cash flow generation, suggesting that operational activities do not cover capital expenditures. The negative operating cash flow to net income ratio further underscores cash flow challenges, with no clear path to positive cash flow in sight.
Breakdown
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-53.00K0.00-95.00K-64.00K-87.00K-87.00K
EBIT
-4.23M-4.08M-3.60M-3.95M-2.76M-2.08M
EBITDA
-9.36M-4.07M-3.59M-4.21M12.40M-4.52M
Net Income Common Stockholders
-9.57M-6.12M4.42M-8.39M20.87M-3.74M
Balance SheetCash, Cash Equivalents and Short-Term Investments
32.97M27.93M25.63M18.61M19.46M5.33M
Total Assets
238.36M199.07M184.86M117.89M138.00M52.57M
Total Debt
17.59M15.43M9.04M1.20M119.00K200.00K
Net Debt
16.98M15.07M8.70M692.00K-1.16M-410.00K
Total Liabilities
25.60M18.15M10.69M2.45M1.17M1.09M
Stockholders Equity
212.76M180.92M174.18M115.44M136.84M51.48M
Cash FlowFree Cash Flow
-99.00K-946.00K-656.00K-2.26M-1.55M-1.24M
Operating Cash Flow
-99.00K-946.00K-644.00K-2.21M-1.54M-1.24M
Investing Cash Flow
-1.02M305.00K-29.00K-54.00K54.00K723.00K
Financing Cash Flow
1.12M719.00K492.00K1.44M2.10M506.00K

Mega Uranium Peers Comparison

Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$82.05M-11.27%
57
Neutral
$7.22B3.15-4.49%5.63%0.82%-49.15%
48
Neutral
C$151.29M-4.92%48.50%
TSGXU
33
Underperform
C$66.43M-197.12%-370.28%
TSWUC
32
Underperform
C$65.33M-33.85%-56.80%-66.14%
TSAEC
32
Underperform
C$115.41M5.61-22.57%-184.85%
$87.62M-28.31%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
MGAFF
Mega Uranium
0.22
-0.02
-8.33%
TSE:AEC
Anfield Energy Inc
0.10
0.04
66.67%
TSE:GXU
GoviEx Uranium
0.07
-0.02
-22.22%
TSE:WUC
Western Uranium
1.04
-0.80
-43.48%
FUUFF
F3 Uranium
0.18
-0.06
-25.00%
TSE:SASK
Atha Energy Corp.
0.57
-0.12
-17.39%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.