Meridian Mining UK Societas (CVE:MNO) Stock Price Up 9.6% – Should You Buy?

Meridian Mining UK Societas (CVE:MNOGet Free Report) shares rose 9.6% during trading on Monday . The company traded as high as C$1.07 and last traded at C$1.03. Approximately 247,282 shares traded hands during trading, an increase of 12% from the average daily volume of 220,803 shares. The stock had previously closed at C$0.94.

Meridian Mining UK Societas Price Performance

The firm has a market capitalization of C$152.09 million and a PE ratio of -3.30. The company has a fifty day moving average of C$1.03 and a 200-day moving average of C$1.03.

Meridian Mining UK Societas Company Profile

(Get Free Report)

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. The company explores for manganese, gold, copper, and tin deposits. It holds interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.

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