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Company price
1.75 CAD 0.11 ( 6.71%)
Last update at 2026-11-04T20:47:00Z
VOLUME
425015
Market Cap
815.97M

Momentum Score

…

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.

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Day Price Range
1.70
Low
1.80
High
52 Week Price Range
0.61
Low
2.05
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Meridian Mining UK Societas (MNO.TO) is limited; the company is listed in Toronto and appears focused on mineral exploration and project development. Its long-term growth drivers could include successful exploration and resource delineation, advancement of projects toward permitting or production, commodity price environments and securing project financing or strategic partners, which may benefit value creation.

The most important investment risks include exploration failure, frequent equity dilution to fund activities, commodity price volatility, permitting and regulatory delays and limited liquidity and disclosure typical of small junior miners.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.64
Dividend Yield
-
Revenue TTM
-0.00M
Revenue Per Share
-
Gross Profit TTM
-0.08M
Debt / Equity
-
ROE
-65.25%
Net Debt
-41.63M
ROCE
-43.21%
Diluted EPS TTM
-0.07

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -17.30M -18.23M -11.99M 0.94M -37.58M
Net income -17.30M -18.23M -11.99M 0.80M -37.58M
Selling general administrative 8.54M 3.62M 3.57M 3.77M 5.51M
Selling and marketing expenses - 8.92M 0.01M - -
Gross profit -0.21M -0.07M -0.06M -0.13M -0.05M
Reconciled depreciation 0.21M 0.19M 0.18M 0.13M 0.05M
Ebit -18.52M -18.20M -12.39M -9.21M 19.30M
Ebitda -18.30M -18.00M -12.22M -8.97M 19.35M
Depreciation and amortization 0.21M 0.19M 0.18M 0.24M 0.05M
Operating income -18.52M -17.79M -12.39M -9.19M -9.41M
Other operating expenses 18.52M 17.79M 12.12M 9.16M 9.43M
Interest expense 0.02M 0.04M 0.06M 0.07M 0.07M
Tax provision 0.00M 0.00M 0.00M 0.14M 0.00M
Interest income 0.61M 0.39M 0.19M 0.06M 0.40M
Net interest income 0.59M 0.35M 0.14M -0.01M 0.58M
Income tax expense - - - 0.14M 28.15M
Total revenue 0.00M 0.00M 0.00M 0.00M -0.00M
Total operating expenses 18.30M 17.59M 12.06M 9.03M 9.38M
Cost of revenue 0.21M 0.07M 0.06M 0.13M 0.05M
Total other income expense net 1.22M -0.45M 0.41M 10.12M -28.73M
Net income from continuing ops -17.00M -18.23M -11.99M 0.80M -37.58M
Net income applicable to common shares - - - - -37.58M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 46.04M 11.23M 17.45M 15.25M 16.19M
Intangible assets 0.05M 0.04M - - -
Other current assets 0.28M 0.38M 0.39M 0.22M -
Total liab 3.19M 2.04M 2.43M 3.63M 19.90M
Total stockholder equity 42.85M 9.19M 15.02M 11.62M -3.72M
Other current liab 1.95M 0.08M 1.53M 0.06M 1.34M
Common stock 4.68M - 2.74M 2.30M 1.81M
Capital stock 4.69M 3.41M 2.74M 2.30M 1.81M
Retained earnings -67.75M -143.41M -125.18M -44.66M -113.99M
Other liab - - - - 17.74M
Cash 41.63M 7.71M 7.10M 6.17M 9.06M
Total current liabilities 3.19M 2.04M 2.40M 3.51M 2.17M
Net debt -41.63M - -7.10M - -
Short term debt - - - 0.00M 0.00M
Other stockholder equity 35.42M - 66.37M - 68.91M
Property plant equipment - - - 8.86M 6.81M
Total current assets 41.92M 8.09M 7.48M 6.39M 9.38M
Net tangible assets - - - - -3.72M
Net receivables - - - - 0.04M
Inventory - - - - 0.00M
Accounts payable 1.24M 0.97M 0.87M 0.86M 0.61M
Accumulated other comprehensive income 70.49M - 71.09M - -
Non currrent assets other 3.32M - 0.00M - -
Non current assets total 4.12M 3.14M 9.97M 8.86M 6.81M
Long term debt total - - - 0.00M 0.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.70M -1.26M -0.17M -0.94M
Change to liabilities - - - - 0.31M
Total cashflows from investing activities -0.94M -0.70M - -0.17M -0.94M
Total cash from financing activities 49.50M 14.06M 12.71M 6.61M 12.00M
Change to operating activities - - - - -0.20M
Net income -17.30M -18.23M -11.99M 0.80M -37.58M
Change in cash 33.56M 0.61M 0.92M -2.88M 4.54M
Begin period cash flow 8.08M 7.10M 6.17M 9.06M 4.52M
End period cash flow 41.63M 7.71M 7.10M 6.17M 9.06M
Total cash from operating activities -14.87M -12.12M -10.60M -9.05M -6.49M
Issuance of capital stock 48.51M 14.83M 13.52M 3.83M 8.00M
Depreciation 0.21M 0.19M 0.18M 0.13M 0.05M
Other cashflows from investing activities - 0.00M - 0.08M 0.02M
Change to inventory - - - 0.00M 0.01M
Change to account receivables - - - - -0.31M
Sale purchase of stock - 15.16M - 6.61M 12.00M
Other cashflows from financing activities - -0.76M -0.92M 2.78M 3.99M
Change to netincome - - - - 30.92M
Capital expenditures 0.21M 0.70M 1.27M 0.25M 0.96M
Change in working capital 0.61M 0.04M -0.39M -0.03M -0.03M
Stock based compensation 2.13M 0.12M 1.89M 0.24M 3.03M
Other non cash items 1.60M 5.76M -0.07M -0.13M 28.73M
Free cash flow -15.08M -12.83M -11.87M -9.30M -7.45M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MNO
Meridian Mining UK Societas
0.11
6.71%
1.75 - - 367.10 14.41 789.57 4.93
TECK-B
Teck Resources Limited
3.08
3.56%
89.53 12.14 9.12 1.91 0.97 2.53 6.34
TECK-A
Teck Resources Limited
3.11
3.60%
89.47 12.13 9.34 1.91 0.99 2.58 6.47
IVN
Ivanhoe Mines Ltd.
-0.50
5.63%
8.38 44.19 31.45 37.10 2.17 30.10 40.94
NGEX
NGEx Minerals Ltd.
0.98
4.70%
21.83 - - - 13.49 - -21.12

Profile*

Meridian Mining UK Societas

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.

4 More London Riverside, London, United Kingdom, SE1 2AU

44 203 930 314544

Name Title Year Born
Mr. Gilbert Percy Clark B.Sc. Exec. Chairman 1970
Dr. Adrian McArthur B.Sc., BSc Geo Hons, Science Pres, CEO & Director NA
Ms. Soraia Morais Chief Financial Officer NA
Ms. Katherin Maclean Head of Sustainability & External Communications NA
James McLucas Mang. of Corp. Devel. NA
Mr. Vitor Hugo De Souza Belo Principal Mining Consultant of Brazil NA
Mr. Martin McFarlane B.Bus(Mktg), B.Eng(Chem) Head of Strategy & Communications - Australia NA
Ms. Mariana Cecilia Bermudez Corp. Sec. 1975
Mr. Gilbert Percy Clark B.Sc. CEO & Director 1970
Dr. Adrian Neil McArthur B.Sc., BSc Geo Hons, Science President & Director 1968

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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