Mega Uranium Stock Analysis
| MGA Stock | CAD 0.61 0.09 12.86% |
Mega Uranium holds a debt-to-equity ratio of 0.005. With a high degree of financial leverage come high-interest payments, which usually reduce Mega Uranium's Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
Mega Uranium's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Mega Uranium's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Mega Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Mega Uranium's stakeholders.
For many companies, including Mega Uranium, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Mega Uranium, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Mega Uranium's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Mega Uranium's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Mega Uranium is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Mega Uranium to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Mega Uranium is said to be less leveraged. If creditors hold a majority of Mega Uranium's assets, the Company is said to be highly leveraged.
Mega Uranium is overvalued with Real Value of 0.49 and Hype Value of 0.61. The main objective of Mega Uranium stock analysis is to determine its intrinsic value, which is an estimate of what Mega Uranium is worth, separate from its market price. There are two main types of Mega Uranium's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Mega Uranium's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Mega Uranium's stock to identify patterns and trends that may indicate its future price movements.
The Mega Uranium stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Mega Uranium is usually not traded on Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day. Mega Stock trading window is adjusted to America/Toronto timezone.
Mega |
Mega Stock Analysis Notes
About 20.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.08. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mega Uranium recorded a loss per share of 0.01. The entity last dividend was issued on the 3rd of December 2007. The firm had 2:1 split on the 26th of March 2015. 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. To find out more about Mega Uranium contact Richard LLB at 416 643 7630 or learn more at https://megauranium.com.Mega Uranium Investment Alerts
| Mega Uranium is way too risky over 90 days horizon | |
| Mega Uranium has some characteristics of a very speculative penny stock | |
| Mega Uranium appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4.64 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Mega Uranium has accumulated about 35 K in cash with (2.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Mega Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 264.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mega Uranium's market, we take the total number of its shares issued and multiply it by Mega Uranium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 3rd of February, Mega Uranium secures the Mean Deviation of 4.36, downside deviation of 5.8, and Risk Adjusted Performance of 0.1117. 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 Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mega Uranium middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mega Uranium. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Mega Uranium Predictive Daily Indicators
Mega Uranium intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mega Uranium stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 199983.0 | |||
| Daily Balance Of Power | (1.12) | |||
| Rate Of Daily Change | 0.87 | |||
| Day Median Price | 0.65 | |||
| Day Typical Price | 0.64 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.09) | |||
| Relative Strength Index | 53.39 |
Mega Uranium Forecast Models
Mega Uranium's time-series forecasting models are one of many Mega Uranium's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mega Uranium's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Mega Uranium Debt to Cash Allocation
Mega Uranium has accumulated 18.22 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.Mega Uranium Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Mega Uranium's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Mega Uranium, which in turn will lower the firm's financial flexibility.About Mega Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Mega Uranium prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mega shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Mega Uranium. By using and applying Mega Stock analysis, traders can create a robust methodology for identifying Mega entry and exit points for their positions.
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.
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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.