Meridian Mining UK Societas (TSE:MNO - Get Free Report) fell 2.3% during trading on Monday . The stock traded as low as C$0.81 and last traded at C$0.84. 78,563 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 337,265 shares. The stock had previously closed at C$0.86.
Analyst Ratings Changes
Separately, Stifel Canada upgraded shares of Meridian Mining UK Societas to a "strong-buy" rating in a report on Friday, May 30th.
Get Our Latest Stock Report on MNO
Meridian Mining UK Societas Trading Down 2.3%
The company's 50 day moving average is C$0.80 and its 200-day moving average is C$0.67. The company has a market capitalization of C$172.41 million, a P/E ratio of -10.69 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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