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Mandalay Resources (TSE:MND) Reaches New 1-Year High - Should You Buy?

Mandalay Resources logo with Basic Materials background

Shares of Mandalay Resources Corp. (TSE:MND - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as C$4.72 and last traded at C$4.76, with a volume of 91823 shares traded. The stock had previously closed at C$4.40.

Mandalay Resources Trading Up 8.2 %

The business has a fifty day moving average price of C$3.52 and a 200 day moving average price of C$2.95. The company has a debt-to-equity ratio of 12.67, a current ratio of 1.77 and a quick ratio of 0.89. The company has a market capitalization of C$443.16 million, a price-to-earnings ratio of 11.66 and a beta of 0.43.

Mandalay Resources (TSE:MND - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported C$0.15 EPS for the quarter. The business had revenue of C$75.43 million during the quarter. Mandalay Resources had a return on equity of 14.47% and a net margin of 13.58%. On average, equities analysts expect that Mandalay Resources Corp. will post 0.1480392 EPS for the current fiscal year.

Mandalay Resources Company Profile

(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.

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