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TSX · Uranium · CAD

Mega Uranium Ltd. (MGA.TO) Stock Analysis

Mega Uranium Ltd. (MGA.TO) is a Uranium stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

MGA.TO

CA$0.49

+CA$0.02 (+4.30%)

Oct 21, 2026 · Market close

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Price History

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MGA.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$0.48
Previous Close
CA$0.47
Day's Range
0.47–0.49
52-Week Range
0.34–0.80
Volume
267.36K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.63
Valuation
Market Cap
CA$186.68M
P/E Ratio
24.25
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
0.09
EPS (ttm)Profit attributable to each share over the last twelve months.
0.02
Financials (FY)
Revenue (FY)
CA$0.00
Net Income (FY)
−CA$4.64M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
384.90M
1-Year Return
+31.08%
Dividend and dates
Avg Volume
756.69K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, MGA.TO closed at CA$0.49, +31.08% over 1 year.

Mega Uranium Ltd. (MGA.TO) has a market capitalization of CA$186.68M.

In fiscal 2025, MGA.TO reported revenue of CA$0.00.

MGA.TO Stock Return by Calendar Year

Mega Uranium Ltd. (MGA.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$13,108
+31.08%
5 years
CA$10,000 CA$13,472
+34.72%
10 years
CA$10,000 CA$37,308
+273.08%

If you had invested CA$10,000 in Mega Uranium Ltd. (MGA.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$37,308 at the close on October 21, 2026: +273.08% in total, +14.07% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−1.02%
2025+48.48%
2024−19.51%
2023+105.00%
2022−23.08%
2021+44.44%
2020+80.00%
2019−16.67%
2018−42.86%
2017+50.00%
2016 (partial year)−6.67%

As of October 21, 2026.

MGA.TO Revenue and Earnings by Fiscal Year

FY ends September
Fiscal yearRevenueNet incomeNet margin
2025CA$0.00−CA$4.64M—
2024CA$0.00−CA$6.12M—
2023CA$0.00CA$4.42M—
2022CA$0.00−CA$8.39M—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$0.00—−CA$4.46M−CA$4.64M—
2024CA$0.00—−CA$4.08M−CA$6.12M—
2023CA$0.00—−CA$3.61MCA$4.42M—
2022CA$0.00—−CA$3.90M−CA$8.39M—

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

MGA.TO Valuation vs Uranium Median

Median of 16 stocks
MetricMGA.TOUranium medianvs median
P/E24.2550.8952% below

Medians across 16 Uranium stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Mega Uranium Ltd. (MGA.TO) carries a market capitalisation of CA$186.68M. It is classified in the Uranium industry, within the Energy sector. The company reports 1 employees.

The 52-week range on file runs from CA$0.34 to CA$0.80. The most recent close on file for MGA.TO is CA$0.49, dated October 21, 2026. That is +CA$0.02 (+4.30%) against the previous close. The latest close sits 42.65% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$0.00. The same year closed with a net loss of CA$4.64M. Earnings per share on a trailing basis come to 0.02.

Across the 4 fiscal years on file, revenue moves from CA$0.00 in 2022 to CA$0.00 in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

MGA.TO trades at a trailing price-to-earnings ratio of 24.25. That is 52.35% below the Uranium median of 50.89. On forward earnings the ratio is 0.09. The medians here are taken across 16 Uranium companies that report the metric.

The trailing one-year total return is +31.08%. Measured over 10 years, that is +14.07% a year compounded. Beta against the wider market is reported at 1.63. Annualized volatility over the trailing 10 years is 84.11%.

Growth & Income

The record shows no dividend for MGA.TO.

2026 is still running; the total return is −1.02% year to date. Across the complete calendar years on file, 2023 returned +105.00% and 2018 returned −42.86%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Mega Uranium Ltd. (MGA.TO) operates in the Uranium industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Mega Uranium Ltd. MGA.TO CA$186.68M 24.3
Cameco Corporation CCO.TO CA$53.38B 151.3
NexGen Energy Ltd. NXE $5.72B —
Uranium Energy Corp. UEC $3.92B —

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Uranium industry average P/E ratio is 50.9x. Mega Uranium Ltd. trades at a P/E of 24.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Mega Uranium Ltd.

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. The company was formerly known as Maple Minerals Corp. and changed its name to Mega Uranium Ltd. in October 2005. Mega Uranium Ltd. was incorporated in 1990 and is headquartered in Toronto, Canada.

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