Meridian Mining UK Societas (CVE:MNO – Get Free Report) shot up 9.6% during mid-day trading on Wednesday . The stock traded as high as C$1.07 and last traded at C$1.03. 247,282 shares traded hands during trading, an increase of 12% from the average session volume of 220,803 shares. The stock had previously closed at C$0.94.
Wall Street Analysts Forecast Growth
Separately, Raymond James downgraded Meridian Mining UK Societas from a “strong-buy” rating to an “outperform” rating and set a C$1.50 price objective on the stock. in a report on Monday, September 23rd.
Read Our Latest Research Report on Meridian Mining UK Societas
Meridian Mining UK Societas Stock Up 9.6 %
About Meridian Mining UK Societas
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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