Meridian Mining UK Societas (CVE:MNO) Stock Price Up 9.6% – Time to Buy?

Meridian Mining UK Societas (CVE:MNOGet Free Report)’s stock price shot up 9.6% during trading on Tuesday . The stock traded as high as C$1.07 and last traded at C$1.03. 247,282 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 220,803 shares. The stock had previously closed at C$0.94.

Meridian Mining UK Societas Price Performance

The company’s 50 day simple moving average is C$1.03 and its 200 day simple moving average is C$1.03. The firm has a market cap of C$152.09 million and a price-to-earnings ratio of -3.30.

About Meridian Mining UK Societas

(Get Free Report)

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. The company explores for manganese, gold, copper, and tin deposits. It holds interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia.

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