TD Securities Lowers Mega Uranium (MGA) Price Target to C$55.00

Mega Uranium (TSE:MGA) had its price target cut by TD Securities from C$61.00 to C$55.00 in a report issued on Friday morning, BayStreet.CA reports. They currently have a hold rating on the stock.

TSE:MGA opened at C$0.10 on Friday. Mega Uranium has a 1-year low of C$0.10 and a 1-year high of C$0.18. The stock has a market cap of $32.64 million and a PE ratio of -3.13.

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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