Meridian Mining's latest earnings report shows steady performance despite tough market conditions.
On August 11, 2026, Meridian Mining UK Societas (MNO.TO) reported its earnings for the fiscal period ending June 30, 2026. The company's results were in line with expectations, posting an earnings per share (EPS) of -0.01, which matches the consensus estimate. While there wasn't a significant surprise, this stability is a positive shift for Meridian Mining, especially considering its past struggles to meet analyst expectations.
Recent earnings trend
Advertisement
Meridian Mining UK Societas
MNO.TO
MNO.TO
Meridian Mining UK Societas
WealthAwesomeAdvertisement
Market cap
$801.10M
52W high
$2.16
52W low
$0.81
1W change
-1.76%
Beta
1.20
Analyst Price Targets
Based on analyst covering MNO
Wall Street analysts forecast MNO stock price to rise 83.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.06
+83.3% Upside
Current Price
C$1.67
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Advertisement
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MNO's historical volatility
30-Day Vol
56.9%
Annualized
90-Day Vol
57.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.40
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.57 | C$1.29 – C$1.91 |
| 60 trading days | C$1.48 | C$1.12 – C$1.96 |
| 90 trading days | C$1.40 | C$0.99 – C$1.96 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-11 | — | -0.0100 | — |
| 2026-06-30 | 2026-08-11 | -0.0100 | -0.0100 | +0.0% |
| 2026-03-31 | 2026-05-14 | -0.0274 | -0.0100 | -174.0% |
| 2025-12-31 | 2026-03-27 | -0.0100 | -0.0100 | +0.0% |
| 2025-09-30 | 2025-11-12 | -0.0100 | -0.0100 | +0.0% |
| 2025-06-30 | 2025-08-12 | -0.0100 | -0.0100 | +0.0% |
Advertisement
Investor takeaway: Investors should keep in mind that although Meridian Mining's EPS aligns with consensus, the company has not consistently beaten estimates in recent quarters. With limited analyst coverage and a history of missed expectations, it might be wise to proceed with caution.
EPS at -0.01: Consistent with Estimates
Meridian Mining's EPS of -0.01 reflects a stable but unremarkable performance in a challenging environment.
Bull case
The positive outlook for Meridian Mining is backed by its consistent EPS estimates and the potential for growth in the metals and mining sector. Analysts see a significant upside, with an average target of C$3.06, suggesting a possible increase of over 83% from its last close.
Bear case
On the flip side, the bear case focuses on Meridian's ongoing struggle to achieve profitability, as shown by its negative EPS. This trend raises concerns about the company's operational efficiency and long-term prospects, especially in a competitive market.
Advertisement
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
