Mega Uranium Ltd.

Mega Uranium Ltd. - Current Ratioverified

MGAFF

Price:

$0.45

Market Cap:

$241.86M

Mega Uranium Ltd. is a mineral exploration and development company primarily engaged in identifying and advancing uranium-rich properties, with a particular focus on opportunities within Australia and Canada. Its asset portfolio notably includes an interest in the Ben Lomond property, situated in Queensland, Australia. This comprises two mining leases, collectively spanning 21.6 square kilometers. Additionally, Mega Uranium holds interests in the Georgetown (Maureen) projects, also located in Queensland, and the Redport project in Western Australia. Originally established in 1990, the company operated as Maple Minerals Corp. before rebranding as Mega Uranium Ltd. in October 2005. Its corpora...[Read more]

Industry

Uranium

IPO Date

2005-02-25

Stock Exchange

OTC

Ticker

MGAFF

The Current Ratio as of June 2026 (TTM) for Mega Uranium Ltd. (MGAFF) is 1.28

According to Mega Uranium Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of 3.10% compared to the average of 1.24 of the last 4 quarters.

Mega Uranium Ltd. (MGAFF) Historical Current Ratio (quarterly & annually)

How has MGAFF Current Ratio performed in the past?

The mean historical Current Ratio of Mega Uranium Ltd. over the last ten years is 6.79. The current 1.28 Current Ratio has changed 1.78% with respect to the historical average. Over the past ten years (40 quarters), MGAFF's Current Ratio was at its highest in in the September 2021 quarter at 17.87. The Current Ratio was at its lowest in in the June 2025 quarter at 0.99.

Quarterly (TTM)
Annual

Average

6.79

Median

6.82

Minimum

1.42

Maximum

17.87

Mega Uranium Ltd. (MGAFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mega Uranium Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 496.80%

Maximum Annual Current Ratio = 17.87

Minimum Annual Increase = -67.36%

Minimum Annual Current Ratio = 1.42

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.42-15.20%
20241.67-35.08%
20232.57-67.36%
20227.88-55.91%
202117.87210.06%
20205.76-35.46%
20198.9368.12%
20185.31-36.45%
20178.362.80%
20168.13496.80%

Mega Uranium Ltd. (MGAFF) Average Current Ratio

How has MGAFF Current Ratio performed in the past?

The current Current Ratio of Mega Uranium Ltd. (MGAFF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.89

5-year avg

6.28

10-year avg

6.79

Mega Uranium Ltd. (MGAFF) Current Ratio vs. Peers

How is MGAFF’s Current Ratio compared to its peers?

Mega Uranium Ltd.’s Current Ratio is less than Elevate Uranium Ltd (29.72), less than Aura Energy Limited (2.03), greater than Tethys Petroleum Limited (0.98), less than Source Energy Services Ltd. (1.38), less than Reconnaissance Energy Africa Ltd. (10.74), greater than SouthGobi Resources Ltd. (0.26), greater than Questerre Energy Corporation (0.51), less than F3 Uranium Corp. (6.01), less than Capricorn Energy PLC (2.44), less than Atha Energy Corp. (8.48),

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