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What is Cormark's Forecast for TSE:MNO FY2025 Earnings?

Meridian Mining UK Societas logo with Basic Materials background

Meridian Mining UK Societas (TSE:MNO - Free Report) - Equities research analysts at Cormark boosted their FY2025 earnings estimates for Meridian Mining UK Societas in a research report issued on Thursday, April 17th. Cormark analyst S. Ioannou now anticipates that the company will post earnings per share of $0.00 for the year, up from their previous estimate of ($0.01). Cormark also issued estimates for Meridian Mining UK Societas' FY2026 earnings at $0.00 EPS.

Meridian Mining UK Societas Stock Performance

Shares of TSE MNO traded down C$0.02 during midday trading on Friday, reaching C$0.64. 119,612 shares of the stock were exchanged, compared to its average volume of 396,774. Meridian Mining UK Societas has a twelve month low of C$0.33 and a twelve month high of C$0.69. The stock has a market capitalization of C$131.36 million, a P/E ratio of -8.15 and a beta of 2.00. The company has a 50 day simple moving average of C$0.57 and a 200 day simple moving average of C$0.47.

Meridian Mining UK Societas Company Profile

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Meridian Mining UK Societas along with its subsidiaries engages in the acquisition, exploration, development, and mining activities in Brazil. It focuses on exploring and developing the Espigao manganese project, the Ariquemes tin JV area, and adjacent areas in the state of Rondonia. It also undertakes the Cabacal Project, Mato Grosso.

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