profit from every £100 of sales.
£0£100
Meridian Mining
£0.93+3.81% today
-2.5% since Apr 26, 26
1-year low £0.751-year high £1.30
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Meridian Mining sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $0 in 2025, with -$17.0 million of profit last year.
SalesProfit
Meridian Mining vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Meridian Mining | No profit yet | ||
 BHP Group | 23.1× · Fair price | ||
 Rio Tinto Group | 13.9× · Cheap | ||
 Grupo México, S.A.B. de C.V. | 19.0× · Fair price | ||
 Glencore | 220.8× · Very expensive |
AI analysis
An AI analyst reads Meridian Mining's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| -0 | -0 | -0 | -0 | |
| -9 | -12 | -13 | -18 | |
| 1 | -12 | -18 | -17 | |
| 1 | -12 | -18 | -17 | |
| -0.05 | -0.05 | -0.06 | -0.05 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 15 | 17 | 11 | 46 |
| Cash | 6 | 7 | 8 | 42 |
| Total debt | – | – | – | – |
| Total liabilities | 4 | 2 | 2 | 3 |
| 12 | 15 | 9 | 43 | |
| 192 | 229 | 286 | 372 | |
| 6.6% | -59.6% | -148.5% | -29.7% | |
| 6.9% | -79.8% | -198.4% | -39.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -9 | -11 | -12 | -15 | |
| 0 | 1 | 1 | 1 | |
| -9 | -12 | -13 | -16 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 0 | 2 | 0 | 2 |
Valuation
- –
- –
- –
- 9.8×
- –
- –
- –
- -2.6%
- -2.8%
- –
Profitability
- –
- –
- –
- –
- -29.7%
- -57.8%
- –
- –
- –
- –
Growth
- –
- –
- –
- –
- +24.6%
Financial health
- 2.5×
- –
- –
- -783.5×
- 13.14
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 990
Bottom 20%of 990
News
Pentagon launches Project Meridian to identify future warfare technologySeeking Alpha · Sep 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
25No pass
Benjamin Graham
25No pass
Philip Fisher
31No pass
Peter Lynch
–Not enough data
Joel Greenblatt
0No pass
Charlie Munger
33No pass
Terry Smith
33No pass
Questions about Meridian Mining
Is Meridian Mining a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Meridian Mining AI analysis
What does Meridian Mining do?
Meridian Mining Plc, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Brazil. The company explores manganese, gold, copper, and silver deposits. It is in Other Industrial Metals & Mining, based in London, United Kingdom, with 78 employees.
Who are Meridian Mining's competitors?
The largest listed companies in the same industry are BHP Group, Rio Tinto Group, Grupo México, S.A.B. de C.V. and Glencore. The peers table on this page compares their profit, growth and price with Meridian Mining's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.