Meridian Mining UK Societas (TSE:MNO) Sets New 1-Year High – Here’s Why

Shares of Meridian Mining UK Societas (TSE:MNOGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.40 and last traded at C$1.37, with a volume of 80145 shares trading hands. The stock had previously closed at C$1.37.

Meridian Mining UK Societas Trading Up 0.7%

The business has a 50 day moving average of C$1.18 and a 200-day moving average of C$0.92. The stock has a market cap of C$577.25 million, a PE ratio of -23.00 and a beta of 1.19.

Meridian Mining UK Societas Company Profile

(Get Free Report)

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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