Meridian Mining UK Societas (CVE:MNO – Get Free Report) shares shot up 9.6% during trading on Monday . The stock traded as high as C$1.07 and last traded at C$1.03. 247,282 shares traded 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.
Wall Street Analysts Forecast Growth
Separately, Raymond James cut Meridian Mining UK Societas from a “strong-buy” rating to an “outperform” rating and set a C$1.50 target price for the company. in a report on Monday, September 23rd.
Get Our Latest Stock Analysis on MNO
Meridian Mining UK Societas Price Performance
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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