Mega Uranium Ltd (TSE:MGA)
TSX:MGA
MGA Stock Chart & Stats
C$0.60
-C$0.02(-4.17%)
At close: 4:00 PM EST
C$0.60
-C$0.02(-4.17%)
Day’s Range― - ―
52-Week RangeC$0.24 - C$0.78
Previous CloseN/A
Volume258.24K
Average Volume (3M)786.90K
Market Cap
C$218.71M
Enterprise ValueC$235.88M
Total Cash (Recent Filing)C$28.05M
Total Debt (Recent Filing)C$20.16M
Price to Earnings (P/E)―
Beta1.86
Next Earnings
May 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding383,700,650
10 Day Avg. Volume547,064
30 Day Avg. Volume786,898
Financial Highlights & Ratios
PEG Ratio0.88
Price to Book (P/B)0.64
Price to Sales (P/S)0.00
P/FCF Ratio-60.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet HealthThe balance sheet shows very low leverage (debt-to-equity ~0.08) and a sizable equity base, which materially reduces solvency risk and preserves financial flexibility. Over months this supports the company’s ability to fund project stakes, portfolio rotations, or withstand market stress without immediate refinancing.
Investment-driven Business ModelMega’s earnings model is investment-driven—returns come from changes in equity holdings, divestments, and income on liquid investments. This structural model provides flexibility to realize value via asset sales, joint ventures or royalties, allowing capital redeployment independent of operating revenue and enabling strategic portfolio management over time.
Pure-play Uranium ExposureAs a pure-play uranium investment and development company, Mega provides direct, concentrated exposure to the uranium sector. That focused positioning supports disciplined asset accumulation and partnership strategies, giving long-term investors clear thematic exposure and alignment with structural moves in the uranium industry.
Bears Say
Lack Of Operating RevenueMega reports no operating revenue and persistent EBIT losses across periods. Lack of recurring revenue means the company cannot self-fund operations from core activities, increasing reliance on asset disposals or market-dependent investment gains to cover operating costs and strategic initiatives over the medium term.
Weak Cash GenerationOperating and free cash flow are consistently negative, indicating ongoing cash burn and limited internal funding capacity. Although the latest TTM free cash flow growth improved off a negative base, the company remains non-self-funding in cash terms, creating sustained funding needs and potential dilution or asset sales to maintain liquidity.
Volatile, Low Earnings QualityNet income has been volatile with profits in select years driven by non-recurring items and losses in others, reducing earnings quality and visibility. This volatility undermines reliable forecasting and makes long-term performance dependent on timing and realization of one-off investment gains rather than steady operating improvements.
Mega Uranium News
MGA FAQ
What was Mega Uranium Ltd’s price range in the past 12 months?
Mega Uranium Ltd lowest stock price was C$0.23 and its highest was C$0.78 in the past 12 months.
What is Mega Uranium Ltd’s market cap?
Mega Uranium Ltd’s market cap is C$218.71M.
When is Mega Uranium Ltd’s upcoming earnings report date?
Mega Uranium Ltd’s upcoming earnings report date is May 18, 2026 which is in 40 days.
How were Mega Uranium Ltd’s earnings last quarter?
Mega Uranium Ltd released its earnings results on Feb 06, 2026. The company reported -C$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.005.
Is Mega Uranium Ltd overvalued?
According to Wall Street analysts Mega Uranium Ltd’s price is currently Overvalued.
Does Mega Uranium Ltd pay dividends?
Mega Uranium Ltd does not currently pay dividends.
What is Mega Uranium Ltd’s EPS estimate?
Mega Uranium Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mega Uranium Ltd have?
Mega Uranium Ltd has 383,700,650 shares outstanding.
What happened to Mega Uranium Ltd’s price movement after its last earnings report?
Mega Uranium Ltd reported an EPS of -C$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 8.475%.
Which hedge fund is a major shareholder of Mega Uranium Ltd?
Currently, no hedge funds are holding shares in TSE:MGA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mega Uranium Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.28%
12-Months-Change
Fundamentals
Return on Equity
<0.01%
Trailing 12-Months
Asset Growth
38.47%
Trailing 12-Months
Company Description
Mega Uranium Ltd
Mega 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.
Technical Analysis
Options Prices
Currently, No data available
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