Mega Uranium Ltd (MGA) Upgraded to Buy at TD Securities

TD Securities upgraded shares of Mega Uranium Ltd (TSE:MGA) from a hold rating to a buy rating in a report published on Friday, May 12th. They currently have C$75.00 price objective on the stock.

Separately, Scotiabank increased their target price on shares of Mega Uranium to C$93.00 and gave the stock an outperform rating in a report on Friday, May 12th.

Shares of Mega Uranium (TSE MGA) traded down 5.714% during midday trading on Friday, hitting $0.165. The stock had a trading volume of 258,396 shares. The firm’s 50-day moving average is $0.18 and its 200 day moving average is $0.21. Mega Uranium has a one year low of $0.11 and a one year high of $0.32. The company’s market capitalization is $47.14 million.

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About Mega Uranium

Mega Uranium Ltd. is a mineral exploration and development company. The Company is focused on the acquisition and exploration of uranium prospective properties, with a view to develop properties. It operates through two segments: Canada and Australia. The Canadian operations are in Ontario, and Newfoundland and Labrador.

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