Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Meridian Mining Plc, 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. The company was formerly known as Meridian Mining UK Societas and changed its name to Meridian Mining Plc. The company was founded in 2013 and is headquartered in London, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of MNO.TO is 3.11 and suggests 79.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in