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
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Meridian Mining UK Societas
MNO.TO
MNO.TO
Meridian Mining UK Societas
WealthAwesomeMarket cap
$1.12B
52W high
$2.35
52W low
$1.01
1W change
+24.72%
Beta
1.24
Analyst Price Targets
Based on analyst covering MNO · as of Sep 24, 2026
Wall Street analysts forecast MNO stock price to rise 40.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.12
+40.6% Upside
Previously C$3.09 on Sep 17, 2026
Current Price
C$2.22
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MNO's historical volatility
30-Day Vol
76.3%
Annualized
90-Day Vol
67.3%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$2.65
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.36 | C$1.81 – C$3.07 |
| 60 trading days | C$2.50 | C$1.72 – C$3.63 |
| 90 trading days | C$2.65 | C$1.68 – C$4.19 |
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.
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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% |
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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.
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Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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