Mega Uranium (MGA) AI Stock Analysis

• Market Cap: $106.87M
• Dividend Yield: N/A
• Average Volume (3M): 401.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.77
• Revenue Growth: N/A
• EPS Growth: -485.07%
• Country: CA
• Employees: 1
• Sector: Energy
• Sector Strength: 48
• Industry: Uranium
• EPS (TTM): -0.03
• Shares Outstanding: 374,990,630
• 10 Day Avg. Volume: 397,082
• 30 Day Avg. Volume: 401,498
• PEG Ratio: 0.14
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.05K
• 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

• Rating: 37 Underperform
• Price Target: ―

Mega Uranium's stock score is significantly impacted by its poor financial performance, primarily driven by no revenue and sustained losses. Technical indicators show limited momentum, and valuation metrics indicate challenges with profitability. Without current earnings call data or significant corporate events, the financial and technical aspects dominate the assessment, resulting in a low overall score.

Mega Uranium Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Mega Uranium makes money primarily through the exploration and development of uranium mining projects. Its revenue model is based on the successful identification, acquisition, and development of uranium-rich properties, which can then be sold, leased, or developed into operational mines. The company may also earn income through joint ventures and partnerships with other mining companies, which help to share the costs and risks associated with exploration and development. Additionally, Mega Uranium may receive royalties or other forms of income from its investments in uranium projects, as well as any potential sales of uranium resources extracted from its properties.

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

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
-9.36M	-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
32.97M	27.93M	25.63M	18.61M	19.46M	5.33M
	Total Assets
238.36M	199.07M	184.86M	117.89M	138.00M	52.57M
	Total Debt
17.59M	15.43M	9.04M	1.20M	119.00K	200.00K
	Net Debt
16.98M	15.07M	8.70M	692.00K	-1.16M	-410.00K
	Total Liabilities
25.60M	18.15M	10.69M	2.45M	1.17M	1.09M
	Stockholders Equity
212.76M	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: Positive
• Last Price: 0.28
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 0.28 is below the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.27, and below the 200-day MA of 0.31, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.06 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MGA.

Mega Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	$7.37B	3.39	-4.49%	10.01%	0.82%	-49.15%
SASK	48 Neutral	C$148.44M	―	-4.92%	―	―	48.50%
MGA	37 Underperform	$106.87M	―	-11.27%	―	―	-485.07%
GXU	33 Underperform	C$71.54M	―	-197.12%	―	―	-370.28%
WUC	32 Underperform	C$53.45M	―	-33.85%	―	-56.80%	-66.14%
AEC	32 Underperform	C$115.41M	5.61	-22.57%	―	―	-184.85%
FUUFF		$86.04M	―	-28.31%	―	―	―