TSX

Meridian Mining UK Societas

MNO.TO•Basic Materials•Other Industrial Metals & Mining
Current Price
$1.87
Today's Change
+0.54%
Market Cap
$906.23M
Volume
118.42K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Meridian Mining UK Societas focuses on acquiring, exploring, and developing mineral properties in Brazil, targeting manganese, gold, copper, and silver. A key strength is its strong liquidity, evidenced by a current ratio of 15.65 and zero debt, indicating financial stability. However, the company faces concerns with negative returns on equity and assets, suggesting inefficiencies in generating profits. Overall, while the lack of debt is a positive sign, the negative ROE and ROA raise questions about operational effectiveness.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$2.50
52 Week Low$1.06
Avg Volume633.98K
Beta1.24
Shares Outstanding487.22M

🔥 Valuation

Market Cap$906.23M
Enterprise Value$888.01M
P/E Ratio-25.13
EV/EBITDA ⚠️-16.17x
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-20.4M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $13.3M over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 15.7x ensures operational stability.

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