Mega Uranium Stock Net Income

MGA Stock  CAD 0.69  0.07  9.21%   
As of the 29th of January, Mega Uranium secures the Mean Deviation of 4.33, risk adjusted performance of 0.1464, and Downside Deviation of 4.9. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mega Uranium, as well as the relationship between them.
Mega Uranium's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Mega Uranium's valuation are provided below:
Quarterly Earnings Growth
1.509
Market Capitalization
287 M
Earnings Share
(0.01)
We have found one hundred twenty available fundamental ratios for Mega Uranium, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Mega Uranium's last-minute fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 29th of January 2026, Market Cap is likely to drop to about 96.1 M. In addition to that, Enterprise Value is likely to drop to about 96.7 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Loss-5.3 M-5.6 M
Net Loss-5.3 M-5.6 M
Net Loss-5.3 M-5.1 M
Net Loss(0.01)(0.01)
Net Income Per E B T 0.77  0.54 
As of the 29th of January 2026, Net Loss is likely to drop to about (5.6 M). In addition to that, Net Loss is likely to drop to about (5.6 M).
  

Latest Mega Uranium's Net Income Growth Pattern

Below is the plot of the Net Income of Mega Uranium over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Mega Uranium financial statement analysis. It represents the amount of money remaining after all of Mega Uranium operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Mega Uranium's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mega Uranium's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (4.64 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Mega Net Income Regression Statistics

Arithmetic Mean(8,515,871)
Geometric Mean5,817,048
Coefficient Of Variation(231.60)
Mean Deviation9,924,752
Median(5,602,800)
Standard Deviation19,722,576
Sample Variance389T
Range98.7M
R-Value0.38
Mean Square Error354.2T
R-Squared0.15
Significance0.13
Slope1,493,761
Total Sum of Squares6223.7T

Mega Net Income History

2026-5.6 M
2025-5.3 M
2024-4.6 M
2023-6.1 M
20224.4 M
2021-8.4 M
202020.9 M

Mega Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Mega Uranium is extremely important. It helps to project a fair market value of Mega Stock properly, considering its historical fundamentals such as Net Income. Since Mega Uranium's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mega Uranium's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mega Uranium's interrelated accounts and indicators.
Understanding that Mega Uranium's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mega Uranium represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mega Uranium's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Mega Uranium 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Mega Uranium's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Mega Uranium.
0.00
10/31/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/29/2026
0.00
If you would invest  0.00  in Mega Uranium on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Mega Uranium or generate 0.0% return on investment in Mega Uranium over 90 days. Mega Uranium is related to or competes with Anfield Resources, Reconnaissance Energy, Atha Energy, Tethys Petroleum, Pulse Seismic, Fission 30, and Source Energy. Mega Uranium Ltd. engages in the mineral exploration and development of uranium properties primarily in Australia and Ca... More

Mega Uranium Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mega Uranium's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Mega Uranium upside and downside potential and time the market with a certain degree of confidence.

Mega Uranium Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mega Uranium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mega Uranium's standard deviation. In reality, there are many statistical measures that can use Mega Uranium historical prices to predict the future Mega Uranium's volatility.
Hype
Prediction
LowEstimatedHigh
0.040.776.67
Details
Intrinsic
Valuation
LowRealHigh
0.030.566.46
Details
Naive
Forecast
LowNextHigh
0.010.756.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.460.610.76
Details

Mega Uranium January 29, 2026 Technical Indicators

Mega Uranium Backtested Returns

Mega Uranium appears to be out of control, given 3 months investment horizon. Mega Uranium has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. By analyzing Mega Uranium's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please exercise Mega Uranium's Risk Adjusted Performance of 0.1464, mean deviation of 4.33, and Downside Deviation of 4.9 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mega Uranium holds a performance score of 11. The company secures a Beta (Market Risk) of 0.0406, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mega Uranium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mega Uranium is expected to be smaller as well. Please check Mega Uranium's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Mega Uranium's current price movements will revert.

Auto-correlation

    
  0.16  

Very weak predictability

Mega Uranium has very weak predictability. Overlapping area represents the amount of predictability between Mega Uranium time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mega Uranium price movement. The serial correlation of 0.16 indicates that over 16.0% of current Mega Uranium price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.01
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Mega Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

327.81 Million

At this time, Mega Uranium's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Mega Uranium reported net income of (4.64 Million). This is 100.2% lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The net income for all Canada stocks is 100.81% higher than that of the company.

Mega Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mega Uranium's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mega Uranium could also be used in its relative valuation, which is a method of valuing Mega Uranium by comparing valuation metrics of similar companies.
Mega Uranium is currently under evaluation in net income category among its peers.

Mega Fundamentals

About Mega Uranium Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mega Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mega Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mega Uranium based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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

  0.69ENB-PFV Enbridge Pref 5PairCorr
  0.74ENB-PFC Enbridge Pref 11PairCorr
  0.88ENB-PFU Enbridge Pref LPairCorr

Moving against Mega Stock

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  0.4ENS E Split CorpPairCorr
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.