# Meridian Mining plc (MNO.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Basic Materials / Mining & Metals. Price C$1.64, market value C$799 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Meridian Mining plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 5.6×**. The shares trade at 5.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -2.6%** (5-yr avg -10.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -39.6%**. Return on equity is negative because earnings are negative.

## Growth
- **EPS growth (1 yr): 16.7%**. Earnings per share rose 16.7%.

## Financial health
- **Current ratio: 13.14** (quick 13.14). Current assets cover the next year's liabilities 13.14 times.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Meridian Mining plc does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (8 analysts). 8 analysts cover Meridian Mining plc; the consensus is strong_buy, with an average price target of C$3.84 (+134% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 36.9%** (YTD 9.9%, 3-mo 11.3%). The shares are up 36.9% over twelve months including dividends.
- **From 52-week high: -34.4%** (36.7% above the low). Trading 34% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 32**. An RSI of 32 is neutral.
- **Beta (1 yr): 2.28** (volatility 62%). Beta of 2.28 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MNO.TO · Page: https://foliofundamentals.com/stocks/mno.to

Not investment advice.