Mandalay Resources Co. (OTCMKTS:MNDJF – Get Free Report) shares shot up 3% on Monday . The company traded as high as C$2.47 and last traded at C$2.42. 31,343 shares traded hands during trading, an increase of 351% from the average session volume of 6,951 shares. The stock had previously closed at C$2.35.
Mandalay Resources Trading Up 3.0 %
The firm’s fifty day moving average is C$2.39 and its two-hundred day moving average is C$1.98.
About Mandalay Resources
Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.
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