Shares of Mandalay Resources Corp. (TSE:MND - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$5.59 and last traded at C$4.83, with a volume of 174120 shares. The stock had previously closed at C$5.32.
Mandalay Resources Stock Up 5.6 %
The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.89. The company has a market capitalization of C$323.86 million, a price-to-earnings ratio of 10.77 and a beta of 0.43. The firm's 50-day simple moving average is C$4.91 and its two-hundred day simple moving average is C$4.15.
Insiders Place Their Bets
In other news, Senior Officer Frazer William Bourchier sold 27,692 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of C$4.70, for a total transaction of C$130,152.40. 1.68% of the stock is currently owned by company insiders.
About Mandalay Resources
(
Get Free Report)
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.
Featured Articles
Before you consider Mandalay Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mandalay Resources wasn't on the list.
While Mandalay Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
