Mega Uranium Financials
| MGA Stock | CAD 0.35 0.01 2.78% |
Mega |
Mega Uranium Stock Summary
Mega Uranium competes with Laramide Resources, Ur Energy, Pinetree Capital, Denison Mines, and Purepoint Uranium. 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.| Foreign Associate | USA |
Specialization | Energy, Uranium |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA58516W1041 |
| Business Address | 217 Queen Street |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.megauranium.com |
| Phone | 416 643 7630 |
| Currency | CAD - Canadian Dollar |
You should never invest in Mega Uranium without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mega Stock, because this is throwing your money away. Analyzing the key information contained in Mega Uranium's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mega Uranium Key Financial Ratios
Mega Uranium's financial ratios allow both analysts and investors to convert raw data from Mega Uranium's financial statements into concise, actionable information that can be used to evaluate the performance of Mega Uranium over time and compare it to other companies across industries.| Return On Equity | 0.0346 | ||||
| Return On Asset | -0.0137 | ||||
| Number Of Employees | 13 | ||||
| Beta | 1.45 |
Mega Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mega Uranium's current stock value. Our valuation model uses many indicators to compare Mega Uranium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mega Uranium competition to find correlations between indicators driving Mega Uranium's intrinsic value. More Info.Mega Uranium is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mega Uranium by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mega Uranium's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Mega Uranium Systematic Risk
Mega Uranium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mega Uranium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Mega Uranium correlated with the market. If Beta is less than 0 Mega Uranium generally moves in the opposite direction as compared to the market. If Mega Uranium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mega Uranium is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mega Uranium is generally in the same direction as the market. If Beta > 1 Mega Uranium moves generally in the same direction as, but more than the movement of the benchmark.
Mega Uranium December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mega Uranium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mega Uranium. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mega Uranium based on widely used predictive technical indicators. In general, we focus on analyzing Mega Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mega Uranium's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.44 | |||
| Information Ratio | 0.0906 | |||
| Maximum Drawdown | 13.95 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 6.25 |
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.