Stifel Canada upgraded shares of Meridian Mining UK Societas (TSE:MNO - Free Report) to a strong-buy rating in a research note issued to investors on Friday,Zacks.com reports.
Meridian Mining UK Societas Stock Performance
TSE:MNO remained flat at C$0.75 on Friday. The company's stock had a trading volume of 87,986 shares, compared to its average volume of 380,627. Meridian Mining UK Societas has a 1-year low of C$0.33 and a 1-year high of C$0.79. The company's 50 day moving average price is C$0.66 and its two-hundred day moving average price is C$0.53. The company has a market cap of C$153.94 million, a P/E ratio of -9.55 and a beta of 2.00.
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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