Meridian Mining UK Societas (CVE:MNO – Get Free Report) rose 9.6% during mid-day trading on Monday . The stock traded as high as C$1.07 and last traded at C$1.03. Approximately 247,282 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 220,803 shares. The stock had previously closed at C$0.94.
Analysts Set New Price Targets
Separately, Raymond James cut shares of Meridian Mining UK Societas from a “strong-buy” rating to an “outperform” rating and set a C$1.50 price target on the stock. in a research note on Monday, September 23rd.
View Our Latest Stock Analysis on Meridian Mining UK Societas
Meridian Mining UK Societas Stock Up 9.6 %
Meridian Mining UK Societas Company Profile
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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