Meridian Mining UK Societas (TSE:MNO) Cut to “Moderate Buy” at Raymond James

Raymond James downgraded shares of Meridian Mining UK Societas (TSE:MNO) from a strong-buy rating to a moderate buy rating in a research report sent to investors on Monday morning, Zacks.com reports. Raymond James also issued estimates for Meridian Mining UK Societas’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at ($0.01) EPS.

Meridian Mining UK Societas Price Performance

Shares of Meridian Mining UK Societas stock opened at C$0.43 on Monday. Meridian Mining UK Societas has a fifty-two week low of C$0.25 and a fifty-two week high of C$0.61.

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. It explores for manganese, gold, copper, silver, and tin deposits. The company’s flagship property is the Cabaçal copper-gold project located in the state of Mato Grosso, Brazil.