Meridian Mining UK Societas (CVE:MNO – Get Free Report) shares shot up 9.6% on Wednesday . 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 Stock Performance
The company’s 50-day moving average price is C$1.03 and its 200 day moving average price is C$1.03. The stock has a market capitalization of C$152.09 million and a P/E ratio of -3.30.
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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