Raymond James Lowers Meridian Mining UK Societas (TSE:MNO) to Moderate Buy

Raymond James lowered shares of Meridian Mining UK Societas (TSE:MNO) from a strong-buy rating to a moderate buy rating in a research note published on Monday morning, Zacks.com reports. Raymond James also issued estimates for Meridian Mining UK Societas’ FY2024 earnings at ($0.04) EPS, 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 Stock Performance

Shares of TSE:MNO opened at C$0.42 on Monday. Meridian Mining UK Societas has a 12 month low of C$0.25 and a 12 month high of C$0.61.

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. 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.