Meridian Mining UK Societas (CVE:MNO) Trading Up 9.6% – Time to Buy?

Meridian Mining UK Societas (CVE:MNOGet Free Report) was up 9.6% during trading on Friday . The company traded as high as C$1.07 and last traded at C$1.03. Approximately 247,282 shares traded hands during mid-day 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 Trading Up 9.6%

The firm has a 50-day moving average of C$1.03 and a 200 day moving average of C$1.03. The company has a market cap of C$152.09 million and a P/E ratio of -3.30.

About Meridian Mining UK Societas

(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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