Mandalay Resources (TSE:MND) Sets New 1-Year High at $3.50

Mandalay Resources Corp. (TSE:MND)’s share price hit a new 52-week high on Wednesday . The company traded as high as C$3.50 and last traded at C$3.42, with a volume of 86640 shares changing hands. The stock had previously closed at C$3.09.

The business’s 50-day moving average price is C$2.60. The company has a debt-to-equity ratio of 39.07, a quick ratio of 0.81 and a current ratio of 1.40. The stock has a market capitalization of C$332.15 million and a PE ratio of 7.34.

Mandalay Resources (TSE:MND) last released its quarterly earnings data on Wednesday, May 12th. The company reported C$0.07 earnings per share for the quarter. The firm had revenue of C$66.58 million during the quarter. Sell-side analysts expect that Mandalay Resources Corp. will post 0.61 EPS for the current fiscal year.

Mandalay Resources Company Profile (TSE:MND)

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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