Meridian Mining UK Societas (TSE:MNO – Get Free Report) shot up 5.1% during trading on Thursday . The company traded as high as C$1.88 and last traded at C$1.87. 735,580 shares traded hands during trading, an increase of 40% from the average daily volume of 526,099 shares. The stock had previously closed at C$1.78.
Meridian Mining UK Societas Stock Performance
The stock has a 50 day moving average of C$1.67 and a two-hundred day moving average of C$1.73. The firm has a market capitalization of C$882.04 million, a P/E ratio of -30.17 and a beta of 1.89.
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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