Mega Uranium (MGA) AI Stock Analysis

• Market Cap: $96.71M
• Dividend Yield: N/A
• Average Volume (3M): 700.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.88
• Revenue Growth: N/A
• EPS Growth: -485.07%
• Country: CA
• Employees: 1
• Sector: Energy
• Sector Strength: 61
• Industry: Uranium
• EPS (TTM): -0.03
• Shares Outstanding: 371,955,630
• 10 Day Avg. Volume: 1,279,163
• 30 Day Avg. Volume: 700,460
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -46.30
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Mega Uranium's overall score of 44.9 reflects significant financial challenges, primarily due to the absence of revenue and persistent losses. Technical indicators provide moderate support with neutral momentum. Valuation metrics, including a negative P/E ratio, emphasize profitability concerns.

Mega Uranium Business Overview & Revenue Model

Company Description

Mega Uranium Ltd (MGA) is a Canadian-based mineral resource company primarily focused on the exploration and development of uranium properties. The company holds interests in various projects across Canada and Australia, aiming to advance its resources to meet the growing global demand for nuclear energy. Mega Uranium's core activities include the acquisition, exploration, and development of uranium projects, positioning it to capitalize on the potential for nuclear power as a sustainable energy source.

How the Company Makes Money

Mega Uranium makes money through its strategic investments and development of uranium assets. The company's revenue model primarily involves the exploration and eventual sale or joint development of its uranium properties. By advancing its projects to stages where they become viable for mining or attractive to larger mining companies, Mega Uranium can generate revenue through outright sales, joint ventures, or royalty agreements. Additionally, the company may earn income from its equity interests or partnerships with other firms involved in the nuclear energy sector or related mining activities. External factors such as uranium market prices, regulatory developments, and nuclear energy demand significantly influence the company's earnings potential.

Mega Uranium Financial Statement Overview

Summary

Mega Uranium faces significant financial hurdles due to the absence of revenue and persistent losses. The balance sheet suggests a low-risk leverage position, but the lack of cash flow and profitability poses severe risks to financial health and sustainability.

Income Statement

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

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

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
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-53.00K	0.00	-95.00K	-64.00K	-87.00K	-87.00K
	EBIT
-4.23M	-4.08M	-3.60M	-3.95M	-2.76M	-2.08M
	EBITDA
-9.86M	-4.07M	-3.59M	-4.21M	12.40M	-4.52M
	Net Income Common Stockholders
-9.57M	-6.12M	4.42M	-8.39M	20.87M	-3.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
22.30M	27.93M	25.63M	18.61M	19.46M	5.33M
	Total Assets
207.68M	199.07M	184.86M	117.89M	138.00M	52.57M
	Total Debt
17.30M	15.43M	9.04M	1.20M	119.00K	200.00K
	Net Debt
16.91M	15.07M	8.70M	692.00K	-1.16M	-410.00K
	Total Liabilities
21.01M	18.15M	10.69M	2.45M	1.17M	1.09M
	Stockholders Equity
186.67M	180.92M	174.18M	115.44M	136.84M	51.48M
Cash Flow		Free 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
-1.02M	305.00K	-29.00K	-54.00K	54.00K	723.00K
	Financing Cash Flow
1.12M	719.00K	492.00K	1.44M	2.10M	506.00K

Mega Uranium Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MGA, the sentiment is Negative. The current price of 0.25 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.29, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.33 is Neutral, neither overbought nor oversold. The STOCH value of 48.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MGA.

Mega Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$7.71B	4.16	-3.52%	8.32%	0.35%	-64.68%
DML	47 Neutral	$1.52B	33.39	-4.64%	―	―	―
URE	46 Neutral	$309.49M	―	-34.14%	―	36.51%	-14.93%
MGA	45 Neutral	$96.71M	―	-5.03%	―	―	-485.07%
NXE	42 Neutral	$3.37B	27.25	-7.77%	―	―	-197.27%
GLO	37 Underperform	$169.34M	19.43	3.78%	―	26.38%	69.87%
LAM	28 Underperform	C$157.13M	―	-6.64%	―	―	-34.39%