Meridian Mining SE (MNO) AI Stock Analysis

• Market Cap: C$182.86M
• Dividend Yield: N/A
• Average Volume (3M): 484.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.47
• Revenue Growth: N/A
• EPS Growth: -17.31%
• Country: CA
• Employees: 73
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.07
• Shares Outstanding: 304,774,570
• 10 Day Avg. Volume: 820,636
• 30 Day Avg. Volume: 484,187
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 368.25
• Price to Cash Flow (P/CF): -11.50
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Meridian Mining SE's overall score reflects significant financial and operational challenges, primarily driven by persistent losses and negative cash flows. However, positive technical indicators and recent financing efforts provide some optimism. The stock's valuation suggests caution due to negative earnings, but the strategic use of new funds could enhance future prospects if executed effectively.

Meridian Mining SE Business Overview & Revenue Model

Company Description

Meridian Mining SE (MNO) is a natural resource exploration and development company primarily engaged in the acquisition, exploration, and development of mineral resource properties. The company focuses on the exploration and development of polymetallic projects in Brazil, with its flagship project being the Cabaçal VMS Copper-Gold Project. Meridian Mining SE is committed to sustainable mining practices, aiming to responsibly extract valuable minerals while minimizing environmental impact.

How the Company Makes Money

Meridian Mining SE generates revenue through the exploration, development, and eventual production of its mineral resource properties. The company's primary revenue streams are expected to arise from the sale of extracted minerals, particularly copper and gold, as its projects advance from exploration to production stages. Additionally, Meridian may enter into strategic partnerships or joint ventures with other mining companies to co-develop its properties, potentially receiving financial and technical support. This can include upfront payments, milestone payments, or royalties based on the production outputs. The company's earnings heavily depend on the successful advancement of its exploration projects, market prices of copper and gold, and efficient operational management.

Meridian Mining SE Financial Statement Overview

Summary

Meridian Mining SE faces significant financial challenges, marked by a lack of revenue and persistent losses. While the absence of debt is a positive factor, the reliance on external financing and negative cash flows highlight the company's ongoing liquidity and operational struggles. Immediate strategic changes are necessary to improve financial health and sustainability.

Income Statement

Meridian Mining SE has shown a consistent lack of revenue generation over the past periods. The company has been unable to generate gross profit, and both EBIT and net income have been negative, indicating ongoing operational challenges. This persistent lack of profitability is a significant concern.

Balance Sheet

The company's balance sheet reveals a lack of debt, which is positive, but it is offset by a weak equity position in previous years. The return on equity is negative due to net losses, and the equity ratio is positive only in recent periods, suggesting some improvement in financial stability.

Cash Flow

Negative operating and free cash flows indicate cash management issues. The company relies heavily on financing activities to support its cash needs, which is unsustainable long-term. The inability to generate cash from operations is a critical concern.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	241.02K	6.26M
	Gross Profit
-195.17K	-62.45K	-133.17K	-48.02K	-91.37K	-1.23M
	EBIT
-13.97M	-12.39M	-9.19M	-9.41M	-2.57M	-15.56M
	EBITDA
-13.64M	-12.22M	-8.97M	19.35M	-2.71M	-14.46M
	Net Income Common Stockholders
-13.76M	-11.99M	800.11K	-37.58M	-7.53M	-17.35M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
201.71K	7.10M	6.17M	9.06M	4.52M	530.32K
	Total Assets
20.85M	17.45M	15.25M	16.19M	10.94M	10.06M
	Total Debt
17.71M	0.00	0.00	0.00	0.00	24.79M
	Net Debt
17.51M	-7.10M	-6.17M	-9.06M	-4.52M	24.26M
	Total Liabilities
20.34M	2.43M	3.63M	19.90M	7.71M	27.13M
	Stockholders Equity
510.63K	15.02M	11.62M	-3.72M	3.22M	-17.07M
Cash Flow		Free Cash Flow
-13.73M	-11.87M	-9.30M	-7.45M	-2.22M	-4.92M
	Operating Cash Flow
-12.64M	-10.60M	-9.05M	-6.49M	-2.20M	-4.72M
	Investing Cash Flow
-1.03M	-1.26M	-173.68K	-941.67K	252.63K	-202.67K
	Financing Cash Flow
13.83M	12.71M	6.61M	12.00M	5.81M	5.25M

Meridian Mining SE Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MNO, the sentiment is Positive. The current price of 0.6 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.44, and above the 200-day MA of 0.43, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 78.35 is Negative, neither overbought nor oversold. The STOCH value of 74.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MNO.

Meridian Mining SE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUN	70 Outperform	$10.90B	25.63	0.24%	3.08%	-2.71%	-188.94%
CS	56 Neutral	$5.76B	50.07	2.90%	―	12.21%	―
Sector *	46 Neutral	$2.64B	-3.89	-29.36%	3.33%	2.89%	-29.66%
MNO	45 Neutral	C$182.86M	―	-76.98%	―	―	-17.31%
TLO	42 Neutral	C$74.78M	―	-1.00%	―	―	11.11%
FOM	42 Neutral	C$1.60B	―	-1.16%	―	―	56.46%
TK	34 Underperform	C$24.52M	―	-1.26%	―	―	35.14%

Meridian Mining SE Corporate Events

Meridian Mining Secures CAD 10M Financing and Outlines 2025 Strategic Plans

Meridian Mining SE has announced a fully subscribed CAD 10 million non-brokered private placement financing by a European investor, which will aid in advancing the Cabaçal project’s Pre-Feasibility Study and initiate subsequent feasibility studies. The company is also focusing on resource growth at the Santa Helena deposit and exploration along the Cabaçal VMS belt, highlighting its strategic vision for multiple mining operations in Brazil.

Meridian Mining Reports Promising Drilling Results

Meridian Mining SE has announced promising drilling results at its Santa Helena deposit, revealing extensive high-grade gold mineralization that could enhance future open pit development. The company is also expanding its exploration footprint in the Cabaçal, Jaurú, and Araputanga Belts, indicating potential for further resource growth.

Meridian Mining’s High-Grade Gold Discovery at Santa Helena

Meridian Mining SE has announced a significant high-grade gold discovery at its Santa Helena deposit, with drilling revealing impressive gold, copper, silver, and zinc mineralization. This development could mark a major breakthrough for Meridian, enhancing the exploration potential of the entire Cabaçal VMS belt.