Mandalay Resources Co. (OTCMKTS:MNDJF – Get Free Report)’s stock price dropped 1.8% during trading on Monday . The stock traded as low as C$3.23 and last traded at C$3.23. Approximately 20,226 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 14,981 shares. The stock had previously closed at C$3.29.
Mandalay Resources Price Performance
The company’s fifty day simple moving average is C$2.90 and its 200 day simple moving average is C$2.46.
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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