Meridian Mining UK Societas chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.68
Market capitalization 72.49M
Operating cash flow -8.6M
ESG Scores unknown

Company description

Meridian Mining UK Societas, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. The company explores for manganese, gold, copper, and tin deposits. It holds interest in the Espigão polymetallic project and the Ariquemes tin project located in Rondônia. The company also has an option to acquire a 100% interest in the Cabaçal copper-gold project located in the state of Mato Grosso; and the Mirante da Serra project located in Rondônia. The company was formerly known as Meridian Mining S.E. Meridian Mining UK Societas was founded in 2013 and is headquartered in London, the United Kingdom.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -938.76k -499.12k -467.98k 306.92k
Total Cashflows From Investing Activities -153.98k -202.67k 252.63k -941.67k
Net Borrowings 3.5M 5.25M
Total Cash From Financing Activities 3.5M 5.25M 5.81M 12M
Change To Operating Activities 968.74k 451.31k -156.56k -197.16k
Issuance Of Stock 5.81M 5.81M 5.81M 12.39M
Net Income -11.09M -17.8M -7.53M -37.58M
Change In Cash -1.39M 328.61k 3.99M 4.54M
Effect Of Exchange Rate -135.63k -2.46k 116.77k -16.35k
Total Cash From Operating Activities -4.6M -4.72M -2.2M -6.49M
Depreciation 1.16M 915.14k 79.23k 48.02k
Change To Account Receivables -506.33k 108.05k 717.86k
Other Cashflows From Financing Activities -397.5k -397.5k -397.5k -397.5k
Change To Netincome 5.1M 12.28M 4.96M 30.92M
Capital Expenditures -160.28k -202.67k -25k -960.22k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -11.09M -17.78M -7.56M -37.58M
Net Income -11.09M -17.8M -7.53M -37.58M
Selling General Administrative 3.19M 2.41M 1.75M 2.48M
Gross Profit -979.64k -1.23M -405.52k -345.97k
Ebit -5.65M -6.62M -2.79M -9.43M
Operating Income -5.65M -6.62M -2.79M -9.43M
Interest Expense -1.48M -2.41M -473.19k
Income Tax Expense 19k -23k
Total Revenue 10.22M 6.26M 241.02k
Cost Of Revenue 11.2M 7.49M 646.53k 345.97k
Total Other Income ExpenseNet -5.44M -11.16M -4.77M -28.15M
Net Income From Continuing Ops -11.09M -17.8M -7.53M -37.58M
Net Income Applicable To Common Shares -11.09M -17.8M -7.53M -37.58M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 20.34M 28.13M 7.71M 19.9M
Total Stockholder Equity 510.62k -18.07M 3.22M -3.72M
Other Current Liabilities 762.42k 2M 888.83k 1.34M
Total Assets 20.85M 10.06M 10.94M 16.19M
Common Stock 1.78M 1.78M 1.18M 1.81M
Other Current Assets
Retained Earnings -50.53M -68.88M -76.41M -113.99M
Treasury Stock -9.23M -9.46M 66.43M 68.91M
Cash 201.71k 530.32k 4.52M 9.06M
Total Current Liabilities 2.41M 27.94M 1.35M 2.17M
Other Stockholder Equity -9.23M -9.46M 66.43M 68.91M
Property, Plant, and Equipment 17.33M 8.16M 6.23M 6.81M
Total Current Assets 1.8M 1.78M 4.71M 9.38M
Net Tangible Assets -421.73k -18.07M 3.22M -3.72M
Net Receivables 1.28M 891.57k 43.33k 41.75k
Accounts Payable 1.11M 697.02k 363.87k 612.79k


Insider Transactions

Here are the insider transactions of stock shares related to Meridian Mining UK Societas:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Clark (Gilbert)Exercise of warrants at price 0.22 per share.D2022-10-21Director of Issuer26.67k
Skinner (William John Walker)Acquisition or disposition in the public market at price 0.28 per share.D2022-10-20Director of Issuer50k
Skinner (William John Walker)Acquisition or disposition in the public market at price 0.38 per share.D2022-07-06Director of Issuer50k
Skinner (William John Walker)Acquisition or disposition in the public market at price 0.38 per share.D2022-07-05Director of Issuer50k
Skinner (William John Walker)Acquisition or disposition in the public market at price 0.49 per share.D2022-06-14Director of Issuer88.5k
Skinner (William John Walker)Acquisition or disposition in the public market at price 0.50 per share.D2022-06-13Director of Issuer11.5k
Clark (Gilbert)Exercise of warrants at price 0.09 per share.D2022-05-19Director of Issuer109.09k
Sesselmann (Susanne Hedwig)Acquisition or disposition in the public market at price 0.62 per share.D2022-05-17Director of Issuer9k
Sesselmann (Susanne Hedwig)Acquisition or disposition in the public market at price 0.62 per share.D2022-05-17Director of Issuer6.5k
Sesselmann (Susanne Hedwig)Acquisition or disposition in the public market at price 0.61 per share.D2022-05-17Director of Issuer18k
McArthur (Adrian Neil)Exercise of options at price 0.34 per share.D2022-05-13Senior Officer of Issuer372.87k
McArthur (Adrian Neil)Exercise of warrants at price 0.09 per share.D2022-05-09Senior Officer of Issuer135k
Skinner (William John Walker)Acquisition or disposition in the public market at price 0.65 per share.D2022-05-09Director of Issuer100k
Clark (Gilbert)Exercise of warrants at price 0.09 per share.D2022-05-03Director of Issuer363.64k
Morais (Soraia)Acquisition or disposition in the public market at price 0.76 per share.D2022-04-20Senior Officer of Issuer95.5k
Thompson (Mark Edward)Exercise of warrants at price 0.09 per share.I2022-04-18Director of Issuer1.2M
Thompson (Mark Edward)Acquisition or disposition in the public market at price 0.82 per share.I2022-03-10Director of Issuer344.9k
Skinner (William John Walker)Exercise of warrants at price 0.09 per share.I2022-02-28Director of Issuer566k
Clark (Gilbert)Exercise of warrants at price 0.09 per share.D2022-01-24Director of Issuer127.27k
Morais (Soraia)Acquisition or disposition in the public market at price 0.98 per share.D2022-01-17Senior Officer of Issuer4.5k
Maxey (Henry James Macfarlane)Exercise of warrants at price 0.23 per share.D2021-12-1710% Security Holder of Issuer3.2M
Morais (Soraia)Exercise of options at price 0.08 per share.D2021-12-13Senior Officer of Issuer100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Meridian Mining UK Societas. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Meridian Mining UK Societas

Here is the result of two systematic investment strategies applied to Meridian Mining UK Societas. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Meridian Mining UK Societas

The following chart shows the equity curve of the two systematic investment strategies applied to Meridian Mining UK Societas:

Meridian Mining UK Societas automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

0.0 %
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Momentum strategy results on Meridian Mining UK Societas

This is the result of two momentum investment strategies applied to Meridian Mining UK Societas. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Meridian Mining UK Societas

The following chart shows all the entries opened by the momentum investment system on Meridian Mining UK Societas:

Meridian Mining UK Societas momentum entries
  • The first momentum investment strategy would give 0% of return on Meridian Mining UK Societas. That represents 0.0C$ of latent gain with 0.0C$ of employed capital.
  • The second momentum investment strategy would give 0% of return on Meridian Mining UK Societas. That represents 0.0C$ of latent gain with 0.0C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Momentum equity curve on Meridian Mining UK Societas

The following chart shows the equity curve of the two momentum strategies applied to Meridian Mining UK Societas:

Meridian Mining UK Societas momentum equity

Note: the dividends potentially given by Meridian Mining UK Societas are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Meridian Mining UK Societas

The following chart shows the employed capital evolution of the two momentum strategies on Meridian Mining UK Societas since the beginning:

Meridian Mining UK Societas

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Meridian Mining UK Societas

Buy the dip entry openings on Meridian Mining UK Societas

Meridian Mining UK Societas

The performance achieved by the robo-advisor on Meridian Mining UK Societas is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Meridian Mining UK Societas stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Meridian Mining UK Societas, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Meridian Mining UK Societas

The following chart shows the result of the investment strategy applied to Meridian Mining UK Societas:

Meridian Mining UK Societas

Note: the dividends potentially given by Meridian Mining UK Societas are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Meridian Mining UK Societas

The following chart shows the employed capital evolution since the beginning of the investment strategy on Meridian Mining UK Societas:

Meridian Mining UK Societas

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Meridian Mining UK Societas

In this section, I will compare the three previous investment strategies applied to Meridian Mining UK Societas.

Equity curve comparison on Meridian Mining UK Societas

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Meridian Mining UK Societas investment strategy comparison

Employed capital comparison on Meridian Mining UK Societas

Meridian Mining UK Societas investment comparison

Performance comparison on Meridian Mining UK Societas

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0C$ 0.0C$ 0.0%
Momentum 1 quarter 0% 0.0C$ 0.0C$ -0.0%
Momentum 2 quarters 0% 0.0C$ 0.0C$ -0.0%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Meridian Mining UK Societas:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Meridian Mining UK Societas and the other stocks. There may be false positives or some missing correlated stocks. If the price of Meridian Mining UK Societas does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Meridian Mining UK Societas
Country United Kingdom
City London
Address 65 Gresham Street
Phone
Website www.meridianmining.co
FullTime employees 52
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSE
Ticker MNO.XTSE
Market

Meridian Mining UK Societas ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown