Meridian Mining UK Societas (TSE:MNO) Insider Sells C$23,400.00 in Stock

Key Points

• Insider Mariana Bermudez sold 20,000 shares of Meridian Mining UK Societas for a total of C$23,400, resulting in a 23.53% decrease in their ownership of the stock.
• Following the sale, Bermudez still owns 65,000 shares valued at C$76,050, as the company’s stock recently traded at C$1.20.
• Meridian Mining UK Societas focuses on mining and exploring projects in Brazil, including the Espigao manganese project and the Cabacal Project in Mato Grosso.

Meridian Mining UK Societas (TSE:MNO - ) insider Mariana Bermudez sold 20,000 shares of the company's stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of C$1.17, for a total transaction of C$23,400.00. Following the sale, the insider owned 65,000 shares in the company, valued at C$76,050. This represents a 23.53% decrease in their ownership of the stock.

Meridian Mining UK Societas Trading Up 1.7%

Shares of MNO traded up C$0.02 during trading hours on Friday, reaching C$1.20. 389,613 shares of the company traded hands, compared to its average volume of 353,270. The firm has a market cap of C$499.57 million, a price-to-earnings ratio of -20.00 and a beta of 0.77. Meridian Mining UK Societas has a 12-month low of C$0.37 and a 12-month high of C$1.23. The stock's fifty day moving average price is C$0.90 and its 200 day moving average price is C$0.77.

Meridian Mining UK Societas Company Profile

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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