Mega Uranium Limited

MGA-T

Analysis and Opinions about MGA-T

Signal
Opinion
Expert
COMMENT
COMMENT
August 5, 2016

Very junior, although it has been around for a long time. It is basically a lot of hype and hope. They are doing some work in Australia, and virtually have no money. Nothing found to date has been feasible, that they can push it forward in a big way. He avoids companies like this like the plague. Doesn’t like companies that have no revenue.

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Very junior, although it has been around for a long time. It is basically a lot of hype and hope. They are doing some work in Australia, and virtually have no money. Nothing found to date has been feasible, that they can push it forward in a big way. He avoids companies like this like the plague. Doesn’t like companies that have no revenue.

COMMENT
COMMENT
May 12, 2016

Believes it is going to take a couple of years to resolve the uranium market. If he were going into uranium, his choice would be Uranium Participation (U-T). Mega Uranium will do well in an upturn in the uranium market.

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Believes it is going to take a couple of years to resolve the uranium market. If he were going into uranium, his choice would be Uranium Participation (U-T). Mega Uranium will do well in an upturn in the uranium market.

DON'T BUY
DON'T BUY
March 2, 2015

He is a uranium bull and if the uranium price increases the tide will float all ships, but he would not own this. He believes uranium has to go up at some point because it currently costs more to produce than it sells for, however it likely won’t go up in 2015.

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He is a uranium bull and if the uranium price increases the tide will float all ships, but he would not own this. He believes uranium has to go up at some point because it currently costs more to produce than it sells for, however it likely won’t go up in 2015.

BUY
BUY
July 21, 2011
Uranium development story in Western Australia. As they move towards production, there will be feasibility studies and financing, which should give a lift in the stock. Uranium is out of favour at the moment but risk/reward is pretty good at this juncture.
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Uranium development story in Western Australia. As they move towards production, there will be feasibility studies and financing, which should give a lift in the stock. Uranium is out of favour at the moment but risk/reward is pretty good at this juncture.
DON'T BUY
DON'T BUY
April 21, 2011
Capital is going to be harder and harder to come by for many of the junior and emerging producers. Have some production but is more of a growth and resource story. Would stay away. From an energy need perspective, you are going to see a shift towards thermal coal, natural gas, etc.
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Capital is going to be harder and harder to come by for many of the junior and emerging producers. Have some production but is more of a growth and resource story. Would stay away. From an energy need perspective, you are going to see a shift towards thermal coal, natural gas, etc.
TOP PICK
TOP PICK
November 24, 2010
Broke up through a down trend line and above its 200 day moving average. Also liked that it was in uranium and coal.
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Broke up through a down trend line and above its 200 day moving average. Also liked that it was in uranium and coal.
COMMENT
COMMENT
September 13, 2010
Uranium is now starting to move. Once it solidly stays at $50 for a while there will be a real re-evaluation in the sector. This is more of a trading vehicle and could easily be $.75 next year if he is right on the uranium call.
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Mega Uranium Limited (MGA-T)
September 13, 2010
Uranium is now starting to move. Once it solidly stays at $50 for a while there will be a real re-evaluation in the sector. This is more of a trading vehicle and could easily be $.75 next year if he is right on the uranium call.
PAST TOP PICK
PAST TOP PICK
July 27, 2010
(Top Pick Aug 20/09, Down 50%) They are not in production. Price of uranium was quite weak until a couple of weeks ago.
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(Top Pick Aug 20/09, Down 50%) They are not in production. Price of uranium was quite weak until a couple of weeks ago.
PARTIAL BUY
PARTIAL BUY
October 29, 2009
All of the uranium plays have been beaten up. If you own, it's a great place to start adding. Don't overweight.
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All of the uranium plays have been beaten up. If you own, it's a great place to start adding. Don't overweight.
BUY
BUY
October 5, 2009
He owns warrants on this. Main property is in South Australia and it looks like they are on track to get the mine in production over the next few years. Great name to have in a uranium basket. (See Top Picks.)
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He owns warrants on this. Main property is in South Australia and it looks like they are on track to get the mine in production over the next few years. Great name to have in a uranium basket. (See Top Picks.)
DON'T BUY
DON'T BUY
September 4, 2009
Uranium went through a huge bubble in the last couple of years and it is still bursting. It will take a while before a lot of the nuclear plants being built globally are going to kick in. Wait for the stocks to have some earnings visibility.
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Uranium went through a huge bubble in the last couple of years and it is still bursting. It will take a while before a lot of the nuclear plants being built globally are going to kick in. Wait for the stocks to have some earnings visibility.
TOP PICK
TOP PICK
August 20, 2009
Bullish on uranium. Not in production but is in development. Doesn't require a lot of capital to bring it into production. Low operating costs. Could be a takeout candidate.
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Bullish on uranium. Not in production but is in development. Doesn't require a lot of capital to bring it into production. Low operating costs. Could be a takeout candidate.
BUY
BUY
April 24, 2009
Earlier stage. They like it. Of the companies that are going to be emerging as producers, they like their assets. Like the geographical spread of their projects.
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Earlier stage. They like it. Of the companies that are going to be emerging as producers, they like their assets. Like the geographical spread of their projects.
DON'T BUY
DON'T BUY
January 28, 2008
Has a vast amount of uranium properties around the world. Have too many small deposits for him. He'd rather see a focus on a couple of major projects. Some good properties in Australia, but in districts where they don't allow mining. When he is more confident that this will change, then he will consider buying.
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Has a vast amount of uranium properties around the world. Have too many small deposits for him. He'd rather see a focus on a couple of major projects. Some good properties in Australia, but in districts where they don't allow mining. When he is more confident that this will change, then he will consider buying.
HOLD
HOLD
November 29, 2007
(Market Call Minute.) Quite a volatile story. They have too many small deposits around the world and they need one big major deposit.
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(Market Call Minute.) Quite a volatile story. They have too many small deposits around the world and they need one big major deposit.
Showing 1 to 15 of 18 entries

Mega Uranium Limited(MGA-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Mega Uranium Limited is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Mega Uranium Limited(MGA-T) Frequently Asked Questions

What is Mega Uranium Limited stock symbol?

Mega Uranium Limited is a Canadian stock, trading under the symbol MGA-T on the Toronto Stock Exchange (MGA-CT). It is usually referred to as TSX:MGA or MGA-T

Is Mega Uranium Limited a buy or a sell?

In the last year, there was no coverage of Mega Uranium Limited published on Stockchase.

Is Mega Uranium Limited a good investment or a top pick?

Mega Uranium Limited was recommended as a Top Pick by Benj Gallander on 2016-08-05. Read the latest stock experts ratings for Mega Uranium Limited.

Why is Mega Uranium Limited stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Mega Uranium Limited worth watching?

0 stock analyst on Stockchase covered Mega Uranium Limited In the last year. It is a trending stock that is worth watching.

What is Mega Uranium Limited stock price?

On 2020-06-05, Mega Uranium Limited (MGA-T) stock closed at a price of $0.1.