Mandalay Resources Corp. (TSE:MND - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$5.49 and last traded at C$5.50, with a volume of 77641 shares. The stock had previously closed at C$5.44.
Mandalay Resources Stock Performance
The company has a market cap of C$355.65 million, a P/E ratio of 11.83 and a beta of 0.43. The business's 50 day simple moving average is C$4.71 and its 200 day simple moving average is C$3.97. The company has a current ratio of 2.00, a quick ratio of 0.89 and a debt-to-equity ratio of 2.46.
Insiders Place Their Bets
In other news, Senior Officer Frazer William Bourchier sold 27,692 shares of Mandalay Resources stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$4.70, for a total transaction of C$130,152.40. 1.68% of the stock is owned by company insiders.
Mandalay Resources Company Profile
(
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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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