Meridian Mining UK Societas (TSE:MNO) Hits New 12-Month High – Time to Buy?

Shares of Meridian Mining UK Societas (TSE:MNOGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$1.34 and last traded at C$1.34, with a volume of 155888 shares traded. The stock had previously closed at C$1.25.

Meridian Mining UK Societas Stock Performance

The stock’s 50 day simple moving average is C$1.13 and its 200-day simple moving average is C$0.90. The firm has a market cap of C$553.69 million, a price-to-earnings ratio of -22.17 and a beta of 1.19.

About Meridian Mining UK Societas

(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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