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Mega Uranium Ltd.TSX:MGA Stock Report

Market Cap CA$261.1m
Share Price
CA$0.68
CA$0.1
567.6% overvalued intrinsic discount
1Y138.6%
7D9.7%
1D
Portfolio Value
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Mega Uranium Ltd.

TSX:MGA Stock Report

Market Cap: CA$261.1m

Mega Uranium (MGA) Stock Overview

A uranium mining and investment company, explores for uranium properties primarily in Canada and Australia. More details

MGA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

Rewards

Became profitable this year

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Significant insider selling over the past 3 months

Large one-off items impacting financial results


MGA Community Fair Values

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Mega Uranium Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mega Uranium
Historical stock prices
Current Share PriceCA$0.68
52 Week HighCA$0.80
52 Week LowCA$0.26
Beta1.45
1 Month Change-4.23%
3 Month Change-4.23%
1 Year Change138.60%
3 Year Change240.00%
5 Year Change142.86%
Change since IPO-85.49%

Recent News & Updates

Recent updates

Analysis Article • Dec 19

Mega Uranium (TSE:MGA) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Dec 09

Is Mega Uranium (TSE:MGA) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Aug 24

Is Mega Uranium (TSE:MGA) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 22

Is Mega Uranium (TSE:MGA) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Dec 07

Here's Why We're Not At All Concerned With Mega Uranium's (TSE:MGA) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Shareholder Returns

MGACA Oil and GasCA Market
7D9.7%-5.6%0.4%
1Y138.6%48.8%33.0%

Return vs Industry: MGA exceeded the Canadian Oil and Gas industry which returned 48.8% over the past year.

Return vs Market: MGA exceeded the Canadian Market which returned 33% over the past year.

Price Volatility

Is MGA's price volatile compared to industry and market?
MGA volatility
MGA Average Weekly Movement11.6%
Oil and Gas Industry Average Movement8.6%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.8%

Stable Share Price: MGA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MGA's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19901Richard Patriciomegauranium.com

Mega Uranium Ltd., a uranium mining and investment company, explores for uranium properties primarily in Canada and Australia. It explores for uranium and gold. The company holds interest in the Georgetown project located in Queensland, Australia; and Redport project situated in Western Australia.

Mega Uranium Ltd. Fundamentals Summary

How do Mega Uranium's earnings and revenue compare to its market cap?
MGA fundamental statistics
Market capCA$261.05m
Earnings (TTM)CA$8.33m
Revenue (TTM)n/a
31.4x
P/E Ratio
0.0x
P/S Ratio

Is MGA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGA income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other Expenses-CA$8.32m
EarningsCA$8.33m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.022
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio6.8%

How did MGA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 21:29
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mega Uranium Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Geordie MarkHaywood Securities Inc.