Meridian Mining UK Societas (TSE:MNO) Raised to “Strong-Buy” at BMO Capital Markets

Meridian Mining UK Societas (TSE:MNO) was upgraded by stock analysts at BMO Capital Markets to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Separately, Scotiabank upgraded shares of Meridian Mining UK Societas to a “strong-buy” rating in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of “Strong Buy”.

Meridian Mining UK Societas Price Performance

TSE:MNO opened at C$1.80 on Thursday. Meridian Mining UK Societas has a one year low of C$0.61 and a one year high of C$2.05. The company has a market cap of C$755.02 million, a P/E ratio of -36.00 and a beta of 1.81. The firm’s fifty day moving average price is C$1.76 and its two-hundred day moving average price is C$1.56.

About Meridian Mining UK Societas

Meridian Mining is focused on: The development and exploration of the advanced stage Cabacal VMS gold-copper project, The initial resource definition at the second higher-grade VMS asset at Santa Helena as the first stage of the Cabacal Hub development strategy, Regional scale exploration of the Cabacal VMS belt to expand the Cabacal Hub strategy, and Exploration in the Jauru & Araputanga Greenstone belts the above all located in the State of Mato Grosso, Brazil.