Insider Selling: Mega Uranium Ltd (TSE:MGA) Director Sells 399,500 Shares of Stock
Mega Uranium Ltd (TSE:MGA) Director Douglas Reeson sold 399,500 shares of Mega Uranium stock in a transaction on Friday, May 29th. The shares were sold at an average price of C$0.10, for a total value of C$39,950.00. Following the sale, the director now directly owns 901,500 shares of the company’s stock, valued at approximately C$90,150.
Douglas Reeson also recently made the following trade(s):
- On Monday, June 1st, Douglas Reeson sold 100,500 shares of Mega Uranium stock. The shares were sold at an average price of C$0.10, for a total value of C$10,050.00.
TSE:MGA remained flat at $C$0.10 during trading hours on Tuesday. The company had a trading volume of 172,500 shares, compared to its average volume of 293,138. The company has a market cap of $35.90 million and a price-to-earnings ratio of -2.94. Mega Uranium Ltd has a 12 month low of C$0.05 and a 12 month high of C$0.12. The company has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.09. The company has a current ratio of 4.39, a quick ratio of 4.30 and a debt-to-equity ratio of 1.04.
Mega Uranium Company Profile
Mega Uranium Ltd. engages in the mineral exploration and development of uranium properties primarily in Australia and Canada. Its principal properties include the Ben Lomond and Georgetown (Maureen) projects located in Queensland; and the Redport gold properties in Western Australia. The company was formerly known as Maple Minerals Corp.
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