FY2025 EPS Estimates for TSE:MNO Reduced by Raymond James

Meridian Mining UK Societas (TSE:MNO - Free Report) - Equities researchers at Raymond James cut their FY2025 earnings estimates for Meridian Mining UK Societas in a research note issued to investors on Monday, March 10th. Raymond James analyst C. Stanley now expects that the company will post earnings of ($0.04) per share for the year, down from their prior estimate of ($0.01).

Meridian Mining UK Societas Stock Performance

MNO traded down C$0.01 during trading on Thursday, reaching C$0.61. 702,936 shares of the stock were exchanged, compared to its average volume of 382,519. The company has a market cap of C$125.21 million, a PE ratio of -7.76 and a beta of 2.00. Meridian Mining UK Societas has a twelve month low of C$0.32 and a twelve month high of C$0.63. The business's 50 day moving average price is C$0.45.

About Meridian Mining UK Societas

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.