Shares of Meridian Mining UK Societas (CVE:MNO – Get Free Report) shot up 9.6% on Friday . The stock traded as high as C$1.07 and last traded at C$1.03. 247,282 shares were traded during 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 Stock Performance
The company has a market capitalization of C$152.09 million and a price-to-earnings ratio of -3.30. The company’s fifty day simple moving average is C$1.03 and its two-hundred day simple moving average is C$1.03.
Meridian Mining UK Societas Company Profile
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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