ACIS BComm - Mega Uranium Chief Officer

MGA Stock  CAD 0.38  0.01  2.70%   

Insider

ACIS BComm is Chief Officer of Mega Uranium
Age 51
Address 217 Queen Street West, Toronto, ON, Canada, M5V 0R2
Phone416 643 7630
Webhttps://www.megauranium.com

Mega Uranium Management Efficiency

The company has return on total asset (ROA) of (0.0137) % which means that it has lost $0.0137 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0346 %, meaning that it generated $0.0346 on every $100 dollars invested by stockholders. Mega Uranium's management efficiency ratios could be used to measure how well Mega Uranium manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Mega Uranium's Return On Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop (0.02). At this time, Mega Uranium's Return On Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Assets is likely to grow to 0.02, while Total Assets are likely to drop about 120.2 M.
Mega Uranium has accumulated 9.04 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Mega Uranium has a current ratio of 5.51, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mega Uranium until it has trouble settling it off, either with new capital or with free cash flow. So, Mega Uranium's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mega Uranium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mega to invest in growth at high rates of return. When we think about Mega Uranium's use of debt, we should always consider it together with cash and equity.

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Mega Uranium Ltd. engages in the mineral exploration and development of uranium properties primarily in Australia and Canada. Mega Uranium Ltd. was incorporated in 1990 and is headquartered in Toronto, Canada. MEGA URANIUM operates under Uranium classification in Canada and is traded on Toronto Stock Exchange. Mega Uranium (MGA) is traded on Toronto Exchange in Canada and employs 13 people. Mega Uranium is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Mega Uranium Leadership Team

Elected by the shareholders, the Mega Uranium's board of directors comprises two types of representatives: Mega Uranium inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mega. The board's role is to monitor Mega Uranium's management team and ensure that shareholders' interests are well served. Mega Uranium's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mega Uranium's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stewart Taylor, Pres and Director
Carmelo Marrelli, Chief Financial Officer
Richard Homsany, Executive Vice President Australia
Anthony Grey, Independent Director
BCom BCom, Executive Australia
Lawrence Goldberg, Independent Director
Douglas Reeson, Independent Director
Wendy Warhaft, General Counsel
Arni Johannson, Independent Director
Richard Patricio, Executive Vice President Corporate Affairs
ACIS BComm, Chief Officer
Richard LLB, President CEO
LLB LLB, Pres CEO

Mega Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mega Uranium a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Mega Uranium

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mega Uranium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mega Uranium will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mega Stock

  0.88ENB-PFV Enbridge Pref 5PairCorr
  0.73ENB-PFU Enbridge Pref LPairCorr
  0.85ENS E Split CorpPairCorr
  0.8ENS-PA E Split CorpPairCorr

Moving against Mega Stock

  0.66SAGE Sage Potash CorpPairCorr
  0.37GSY goeasyPairCorr
The ability to find closely correlated positions to Mega Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mega Uranium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mega Uranium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mega Uranium to buy it.
The correlation of Mega Uranium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mega Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mega Uranium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mega Uranium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mega Stock

Mega Uranium financial ratios help investors to determine whether Mega Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mega with respect to the benefits of owning Mega Uranium security.