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Meridian Mining SE ( (TSE:MNO) ) just unveiled an update.
Meridian Mining SE has successfully completed the final phase of its Cabaçal Definitive Feasibility Study (DFS) drill program, reporting significant intersections of gold, copper, and silver. These results are expected to contribute to resource and reserve upgrades in 2026, positioning the company advantageously amid rising commodity prices. Additionally, Meridian has made promising strides in its greenfield exploration at Cigarra, indicating potential for future bulk-tonnage gold discoveries, further strengthening its market position.
The most recent analyst rating on (TSE:MNO) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Meridian Mining SE stock, see the TSE:MNO Stock Forecast page.
Spark’s Take on TSE:MNO Stock
According to Spark, TipRanks’ AI Analyst, TSE:MNO is a Neutral.
Meridian Mining SE faces significant financial challenges with no revenue and negative cash flows, leading to a low financial performance score. However, technical indicators and positive corporate developments, such as promising mineral discoveries and financing, provide some upside potential. Despite these strengths, the company’s negative earnings and lack of dividend yield weigh heavily on its valuation score.
To see Spark’s full report on TSE:MNO stock, click here.
More about Meridian Mining SE
Meridian Mining SE is a company involved in the mining industry, focusing on the exploration and development of gold, copper, and silver deposits. The company is known for its economic Volcanogenic Massive Sulfide (VMS) deposits and has a strong exploration portfolio.
Average Trading Volume: 363,054
Technical Sentiment Signal: Buy
Current Market Cap: C$507.9M
For detailed information about MNO stock, go to TipRanks’ Stock Analysis page.