Meridian Mining UK Societas (TSE:MNO) Reaches New 52-Week High – Should You Buy?

Meridian Mining UK Societas (TSE:MNOGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.59 and last traded at C$1.59, with a volume of 201726 shares changing hands. The stock had previously closed at C$1.57.

Meridian Mining UK Societas Stock Performance

The firm has a market capitalization of C$660.90 million, a P/E ratio of -26.33 and a beta of 1.19. The stock has a 50 day moving average of C$1.26 and a 200-day moving average of C$0.97.

Meridian Mining UK Societas Company Profile

(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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