Mandalay Resources Corp. (TSE:MND – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.61 and traded as high as C$3.36. Mandalay Resources shares last traded at C$3.33, with a volume of 29,800 shares.
Mandalay Resources Price Performance
The company has a debt-to-equity ratio of 12.67, a quick ratio of 0.89 and a current ratio of 1.77. The firm has a market capitalization of C$310.02 million, a P/E ratio of 8.12 and a beta of 0.43. The company has a 50-day moving average price of C$3.16 and a 200-day moving average price of C$2.61.
Mandalay Resources (TSE:MND – Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported C$0.25 earnings per share (EPS) for the quarter. The business had revenue of C$86.27 million for the quarter. Mandalay Resources had a return on equity of 14.47% and a net margin of 13.58%. On average, sell-side analysts predict that Mandalay Resources Corp. will post 0.1480392 earnings per share for the current year.
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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