Meridian Mining UK Societas (OTCPK:MRRD.F) - Stock Price, News & Analysis

MRRD.F Stock Overview

Engages in the acquisition, exploration, and development of mineral properties in Brazil. More details

MRRD.F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 98.2% below our estimate of its fair value

Earnings are forecast to grow 86.7% per year

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue ($0)

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been diluted in the past year

+ 1 more risk

Meridian Mining UK Societas Competitors

American Battery Technology

NasdaqCM:ABAT

US$56.6m

Sigma Lithium

NasdaqCM:SGML

US$1.6b

Idaho Strategic Resources

NYSEAM:IDR

US$163.0m

U.S. GoldMining

NasdaqCM:USGO

US$125.5m

Price History & Performance

Summary of all time highs, changes and price drops for Meridian Mining UK Societas
Historical stock prices
Current Share Price	CA$0.34
52 Week High	CA$0.44
52 Week Low	CA$0.20
Beta	1.97
11 Month Change	9.84%
3 Month Change	0.19%
1 Year Change	41.35%
33 Year Change	-59.56%
5 Year Change	857.14%
Change since IPO	8.94%

Recent updates

Shareholder Returns

	MRRD.F	US Metals and Mining	US Market
7D	16.7%	3.9%	2.2%
1Y	41.4%	22.9%	31.7%

Return vs Industry: MRRD.F exceeded the US Metals and Mining industry which returned 22.7% over the past year.

Return vs Market: MRRD.F exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is MRRD.F's price volatile compared to industry and market?
MRRD.F volatility
MRRD.F Average Weekly Movement	19.0%
Metals and Mining Industry Average Movement	8.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MRRD.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MRRD.F's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2013	73	Gilbert Clark	meridianmining.co

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.

Meridian Mining UK Societas Fundamentals Summary

How do Meridian Mining UK Societas's earnings and revenue compare to its market cap?
MRRD.F fundamental statistics
Market cap	US$99.64m
Earnings (TTM)	-US$13.76m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.2x

P/E Ratio

Is MRRD.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRRD.F income statement (TTM)
Revenue	US$0
Cost of Revenue	US$62.45k
Gross Profit	-US$62.45k
Other Expenses	US$13.69m
Earnings	-US$13.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.045
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MRRD.F perform over the long term?

See historical performance and comparison

MRRD.F Stock Overview

Rewards

Risk Analysis

Meridian Mining UK Societas Competitors

NasdaqCM:ABAT

US$56.6m

NasdaqCM:SGML

US$1.6b

NYSEAM:IDR

US$163.0m

NasdaqCM:USGO

US$125.5m

Price History & Performance

Recent News & Updates

Meridian Mining UK. S Drills Significant High-Grade VMS Gold Mineralization: 75.6m @ 4.6 g/t AuEq (3.0 g/t Au, 1.0% Cu, 30.2g/t Ag & 2.5% Zn) at Santa Helena

Meridian Mining UK S Announces Further Strong Results from Its Advanced Cabaçal Cu-Au-Ag Project

Meridian Mining UK Societas Reports High-Grade Assay Results & New Geophysical Targets at Santa Helena

Meridian Mining UK S Announces Further Strong Results from its Cabaçal Cu-Au-Ag Project

Meridian Mining UK. S Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq At Cabaçal

Meridian Mining SE's 500th Drill Hole Delivers 14.3m @ 3.7 g/t AuEq from 49.0m At Santa Helena

Recent updates

Meridian Mining UK. S Drills Significant High-Grade VMS Gold Mineralization: 75.6m @ 4.6 g/t AuEq (3.0 g/t Au, 1.0% Cu, 30.2g/t Ag & 2.5% Zn) at Santa Helena

Meridian Mining UK S Announces Further Strong Results from Its Advanced Cabaçal Cu-Au-Ag Project

Meridian Mining UK Societas Reports High-Grade Assay Results & New Geophysical Targets at Santa Helena

Meridian Mining UK S Announces Further Strong Results from its Cabaçal Cu-Au-Ag Project

Meridian Mining UK. S Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq At Cabaçal

Meridian Mining SE's 500th Drill Hole Delivers 14.3m @ 3.7 g/t AuEq from 49.0m At Santa Helena

Meridian Mining UK.S Provides an Update on its Drilling Activities at the Cabacal and Santa Helena Mines

Meridian Mining UK. S Reports 7Km Copper in Stream Anomaly At Its Jauru Project, Brazil

Meridian Mining UK Societas has completed a Follow-on Equity Offering in the amount of CAD 17.5 million.

Meridian Mining UK Societas, Annual General Meeting, Jun 04, 2024

Meridian Mining UK Societas has filed a Follow-on Equity Offering in the amount of CAD 15.001 million.

Meridian Mining UK Societas Reports on Cabaçal's Met Testing, Drill Results, and Permit Update

Meridian's PFS Drill Program Returns Multiple Wide, Shallow Mineralized Intercepts at Cabaçal

Meridian Mining UK. S Announces Strong Results from Its First Bore Hole Electromagnetic Surveys at its Santa Helena High-Grade Deposit

Meridian Mining UK S Commences Cabaçal's PFS & Advances Santa Helena Resource Delineation in Expansion of the Cabaçal Belt's Hub and Spoke Strategy

Meridian Mining UK S Defines Initial Exploration Target of 3.2 - 7.3 Mt at 3.0 - 3.2g/t AuEq at Santa Helena

Meridian Mining UK Reports Further Drill Results at Santa Helena & Cabacal Deposit

Meridian Mining Uk Societas Appoints Mr. Bruce Mcleod as New Independent Director

Meridian Mining Uk S Reports Gold and Base Metal Assays Up to 6.7% Cueq At Santa Helena

Meridian Mining Uk Societas Announces Appointment of Neil Gregson as New Independent Director

Meridian Mining UK S Confirms High-Grade Gold at Santa Helena

Meridian Mining UK Societas Reports Its First Drill Results in the Santa Helena Copper, Gold, Silver and Zn Mine

Meridian Mining UK Societas Announces Management Changes

Meridian Mining Appoints Erich Marques as Chief Geologist

Meridian Mining Uk Societas Announces Appointment of Mr. Douglas E. Ford as New Independent Director

Meridian Mining UK S Provides an Update on Its Programs at Cabacal

Meridian Mining UK S Announces Resignation of Gilbert Clark as Executive Chairman

Meridian Mining UK S Announces Board Changes

Meridian Mining UK Societas Provides an Update on Its Geophysical Program At Cabaçal, with A Mise-A-La-Masse Survey

Meridian Mining Provides Update on Ongoing Drill Program At Cabaçal

Meridian Mining UK Societas Provides an Update on the Uncovering of the Most Significant Copper Anomaly At the Cabaçal Project

Meridian Mining UK Societas Announces Management Changes

Meridian Mining UK Societas Reports Multiple Strong Drill Results from the Cabaçal Gold-Copper VMS Deposit

Meridian Mining UK Societas announced that it expects to receive CAD 3.2501 million in funding

Meridian Mining Uk. S Report Further Assays from Drilling At the Cabaçal Gold-Copper Vms Deposit

Meridian Mining UK Societas Reports Further Assays from the Cabaçal Gold-Copper VMS Deposit

Meridian Mining UK S Announces Maiden Mineral Resource Estimate for Cabaçal Deposit

Meridian Mining UK Societas Provides an Update on Its Cabaçal Mine Corridor Exploration Program

Meridian Delivers Inaugural Cabaçal Database for Third Quarter 2022 Maiden Resource Estimation

Meridian Reports Initial Metallurgical Testwork Results from Cabaçal

Meridian Mining UK Societas Reports Further Significant Copper-Gold-Silver Results from Cabaçal

Meridian Mining UK S Announces Extensive Exploration Update Within the 11Km Long Cabaçal Mine Corridor

Meridian Announces Discovery of New GoldSilver System at Cabaçal

Meridian Mining UK Societas Drills Significant Visible Gold Within the Cabaçal Mine & Reports Further Northwest Extension Results

Meridian Mining Uk Societas Announces the First Results of Its Ongoing Gravity Survey over Its Espigão Copper-Gold Polymetallic Project in Rondônia, Brazil

Meridian Mining UK S Announces Assays Broadest Zone of Copper-Gold Mineralization in the CNWE

Meridian Mining UK S Announces Multiple Holes Have Confirmed a 2nd Structure Hosting High Grade Gold Overprinting the Copper-Gold VMS Layers

Meridian Mining UK Societas, Annual General Meeting, Jun 28, 2022

Meridian Mining UK S Discovers New Surface Gold Trend at Cabaçal

Meridian Mining UK Societas Outlines Expanded Gold Potential of Cabaçal's Saint Helena Deposit

Meridian Mining UK Societas Reports Shallow High-Grade Zone of 64.3M @ 1.9% Cueq from 22.0M at Cabaçal

Meridian Mining UK Societas Announces Executive Changes

Meridian Announces Appointment of Ms. Mariana Bermudez to the Position of Corporate Secretary

Meridian Mining UK Appoints Tommy Humphreys to Its Advisory Board

Meridian Mining UK S Reports High Grade Gold-In-Soil Result in the Cabaçal Mine Corridor

Meridian Mining UK S Provides Update on Results from its Ongoing Drilling and Exploration Programs at its Camp Scale Cabaçal Copper-Gold VMS Project in Mato Grosso, Brazil

Meridian Mining UK S Provide an Update on Its Landbank for the Camp Scale Cabaçal Copper-Gold VMS Project in Mato Grosso, Brazil

Meridian Mining UK Societas Hits Visible Gold Within Strong Copper Zone During Metallurgical Drill Program

Meridian Mining UK Societas to Expand Cabaçal Drill Program and Provides Project Update