Meridian Mining UK Societas (TSE:MNO - Get Free Report)'s stock price was up 3.9% during mid-day trading on Thursday . The stock traded as high as C$0.84 and last traded at C$0.80. Approximately 302,849 shares were traded during trading, a decline of 16% from the average daily volume of 362,637 shares. The stock had previously closed at C$0.77.
Wall Street Analyst Weigh In
Separately, Stifel Canada raised Meridian Mining UK Societas to a "strong-buy" rating in a research report on Friday, May 30th.
View Our Latest Analysis on MNO
Meridian Mining UK Societas Stock Performance
The company has a 50 day moving average of C$0.74 and a 200 day moving average of C$0.58. The firm has a market cap of C$162.15 million, a P/E ratio of -10.06 and a beta of 2.00.
About Meridian Mining UK Societas
(
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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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