Raymond James Analysts Lower Earnings Estimates for TSE:MNO

Meridian Mining UK Societas (TSE:MNOFree Report) – Stock analysts at Raymond James lowered their FY2025 earnings estimates for Meridian Mining UK Societas in a report issued on Monday, March 10th. Raymond James analyst C. Stanley now anticipates that the company will post earnings per share of ($0.04) for the year, down from their prior forecast of ($0.01).

Meridian Mining UK Societas Price Performance

Shares of MNO stock opened at C$0.60 on Thursday. Meridian Mining UK Societas has a 1 year low of C$0.32 and a 1 year high of C$0.63. The firm’s fifty day simple moving average is C$0.45. The company has a market cap of C$123.15 million, a PE ratio of -7.64 and a beta of 2.00.

Meridian Mining UK Societas Company Profile

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Meridian Mining UK Societas along with its subsidiaries engages in the acquisition, exploration, development, and mining activities in Brazil. It focuses on exploring and developing the Espigao manganese project, the Ariquemes tin JV area, and adjacent areas in the state of Rondonia. It also undertakes the Cabacal Project, Mato Grosso.

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