Insider Selling: 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 company’s stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of GBX 101, for a total value of £39,405.15.

Maestrano Group Trading Down 8.4%

Shares of MNO stock opened at GBX 87.60 on Friday. The stock has a 50 day moving average price of GBX 107.21. The company has a debt-to-equity ratio of 3.57, a current ratio of 5.74 and a quick ratio of 3.98. Maestrano Group Plc has a 12 month low of GBX 73 and a 12 month high of GBX 133. The company has a market cap of £426.89 million and a P/E ratio of -14.60.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 168 target price on shares of Maestrano Group in a research report on Tuesday, September 22nd. Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 120 price target on shares of Maestrano Group in a research note on Tuesday, September 22nd. Two analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 144.

About Maestrano Group

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.