Meridian Mining UK Societas (TSE:MNO – Get Free Report) shares rose 1.1% on Friday. The stock traded as high as C$1.90 and last traded at C$1.88. Approximately 307,910 shares were traded during trading, a decline of 47% from the average daily volume of 583,933 shares. The stock had previously closed at C$1.86.
Meridian Mining UK Societas Stock Up 1.1%
The firm’s 50 day moving average is C$2.00 and its two-hundred day moving average is C$1.82. The stock has a market cap of C$916.15 million, a price-to-earnings ratio of -31.33 and a beta of 1.70.
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.
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