Shares of Meridian Mining UK Societas (TSE:MNO - Get Free Report) fell 7.9% during trading on Wednesday . The company traded as low as C$0.69 and last traded at C$0.70. 193,447 shares traded hands during trading, a decline of 49% from the average session volume of 382,322 shares. The stock had previously closed at C$0.76.
Meridian Mining UK Societas Stock Performance
The business's 50 day moving average price is C$0.64 and its two-hundred day moving average price is C$0.51. The company has a market capitalization of C$139.57 million, a price-to-earnings ratio of -8.66 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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