Toronto Stock Exchange · Energy
Invest in Mega Uranium stock from India
Indian and foreign residents can buy Mega Uranium (MGA) shares directly through Paasa.
By Paasa · Updated
Mega Uranium at a glance
- Price
- CA$0.55+CA$0.00 (0.00%)
- Market cap
- CA$211.15M
- Day range
- CA$0.53 – CA$0.56
- P/E
- 35.03
- Dividend yield
- None
- Volume
- 332.39K
- 1 month
- -21.43%
- 6 months
- -1.79%
- YTD
- +13.40%
- 1 year
- +27.91%
- 5 years
- +77.42%
Mega Uranium statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$0.0 | CA$0.0 | CA$0.0 | CA$0.0 | CA$0.0 |
| Gross profit | −CA$104.0K | −CA$107.0K | −CA$95.0K | −CA$64.0K | −CA$87.0K |
| Operating income | −CA$4.5M | −CA$4.1M | −CA$3.6M | −CA$3.9M | −CA$2.8M |
| Net income | −CA$4.6M | −CA$6.1M | CA$4.4M | −CA$8.4M | CA$20.9M |
| Earnings per share | −CA$0.01 | −CA$0.02 | CA$0.01 | −CA$0.02 | CA$0.06 |
| EBITDA | −CA$3.2M | −CA$4.1M | −CA$3.5M | −CA$3.8M | −CA$2.7M |
| Total assets | CA$270.9M | CA$199.1M | CA$184.9M | CA$117.9M | CA$138.0M |
| Total debt | CA$18.2M | CA$15.4M | CA$9.0M | CA$1.2M | CA$119.0K |
| Cash and short-term investments | CA$27.7M | CA$27.9M | CA$25.6M | CA$18.6M | CA$19.5M |
| Shareholders' equity | CA$241.2M | CA$180.9M | CA$174.2M | CA$115.4M | CA$136.8M |
| Operating cash flow | −CA$2.6M | −CA$946.0K | −CA$644.0K | −CA$2.2M | −CA$1.5M |
| Free cash flow | −CA$2.6M | −CA$946.0K | −CA$656.0K | −CA$2.3M | −CA$1.6M |
| Capital expenditure | CA$0.0 | CA$0.0 | −CA$12.0K | −CA$54.0K | −CA$10.0K |
Fiscal years as reported, the latest ending 30 Sep 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Gran Tierra Energy | GTE.TO | CA$13.63 | CA$481.96M |
| Atha Energy | SASK.V | CA$1.07 | CA$374.74M |
| ACT Energy Technologies | ACX.TO | CA$7.64 | CA$295.17M |
| Reconnaissance Energy Africa | RECO.V | CA$0.55 | CA$209.79M |
| Pulse Seismic | PSD.TO | CA$2.90 | CA$147.07M |
| Source Energy Services | SHLE.TO | CA$10.17 | CA$132.90M |
| Questerre Energy | QEC.TO | CA$0.29 | CA$128.88M |
| Tethys Petroleum | TPL.V | CA$1.02 | CA$117.15M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Mega Uranium from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search MGA and buy
Find Mega Uranium by name or by its ticker, MGA, and place your order.
Why invest in Mega Uranium from India
What Mega Uranium does
Mega Uranium Ltd. functions as a mineral exploration and development company, concentrating its efforts on discovering and advancing uranium deposits, primarily across Australia and Canada. Significant assets within its portfolio include the Ben Lomond and Georgetown (also known as Maureen) projects, both situated in Queensland. Mega Uranium operates in the Uranium industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Mega Uranium stock from India?
Yes. Indian residents and NRIs can buy Mega Uranium (MGA) shares directly through Paasa. Mega Uranium is listed on the Toronto Stock Exchange, in the Uranium industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Mega Uranium shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.