Maestrano Group (LON:MNO) Insider Sells £39,405.15 in Stock

Maestrano Group Plc (LON:MNO) insider Susanne Hedwig Sesselmann sold 39,015 shares of the stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of GBX 101, for a total value of £39,405.15.

Maestrano Group Price Performance

Shares of Maestrano Group stock traded down GBX 1.40 during trading on Wednesday, hitting GBX 99.60. 196,718 shares of the company’s stock traded hands, compared to its average volume of 468,951. The company has a quick ratio of 3.98, a current ratio of 5.74 and a debt-to-equity ratio of 3.57. The stock has a 50-day simple moving average of GBX 106.73. Maestrano Group Plc has a 1 year low of GBX 73 and a 1 year high of GBX 133. The stock has a market cap of £485.37 million and a PE ratio of -16.60.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MNO. Berenberg Bank reissued a “buy” rating and issued a GBX 168 target price on shares of Maestrano Group in a report on Tuesday, September 22nd. Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 120 price target on shares of Maestrano Group in a research report on Tuesday, September 22nd. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 144.

Maestrano Group Company Profile

Meridian Mining is a gold-copper development company focused on advancing high-quality mineral projects in Brazil. The Company’s objective is to build a scalable, mid-tier mining company through the development of its flagship Cabaçal Project and broader Cabaçal VMS belt in Mato Grosso.

With a strong foundation in exploration, resource development and project advancement, Meridian is positioning itself to transition from developer to producer, supported by robust project economics and a growing portfolio of assets.