Mandalay Resources Corp. (TSE:MND – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$3.50 and last traded at C$3.29, with a volume of 59053 shares traded. The stock had previously closed at C$3.37.
Mandalay Resources Stock Up 1.4 %
The business has a 50-day moving average price of C$2.76 and a 200-day moving average price of C$2.30. The company has a market capitalization of C$325.85 million, a price-to-earnings ratio of 8.54 and a beta of 0.41. The company has a quick ratio of 0.89, a current ratio of 1.77 and a debt-to-equity ratio of 12.67.
Mandalay Resources (TSE:MND – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.25 earnings per share for the quarter. Mandalay Resources had a return on equity of 14.47% and a net margin of 13.58%. The business had revenue of C$86.27 million for the quarter. As a group, equities analysts anticipate that Mandalay Resources Corp. will post 0.1480392 earnings per share for the current fiscal year.
Insider Activity
About Mandalay Resources
Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of various mineral properties. It explores for gold, silver, and antimony deposits. The company holds a 100% interest in the Costerfield gold-antimony mine covering an area of 7,540.78 hectares (ha) located in Central Victoria, Australia; and the Bjorkdal gold mine that comprises 9 mining concessions and 19 exploration permits located in Vasterbotten County in northern Sweden.
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