Meridian Mining UK Societas (TSE:MNO – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Friday. The company traded as high as C$2.45 and last traded at C$2.45, with a volume of 281221 shares changing hands. The stock had previously closed at C$2.33.
Meridian Mining UK Societas Stock Up 4.3%
The company has a market cap of C$1.18 billion, a price-to-earnings ratio of -40.50 and a beta of 1.89. The firm’s 50 day simple moving average is C$1.80 and its 200 day simple moving average is C$1.76.
Meridian Mining UK Societas Company Profile
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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