Mandalay Resources Corp. (TSE:MND - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.75 and traded as high as C$3.51. Mandalay Resources shares last traded at C$3.38, with a volume of 26,417 shares.
Mandalay Resources Stock Performance
The firm's 50-day moving average price is C$3.32 and its two-hundred day moving average price is C$2.75. The company has a quick ratio of 0.89, a current ratio of 1.77 and a debt-to-equity ratio of 12.67. The firm has a market capitalization of C$322.13 million, a PE ratio of 8.24 and a beta of 0.43.
Mandalay Resources (TSE:MND - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.15 earnings per share (EPS) for the quarter. Mandalay Resources had a net margin of 13.58% and a return on equity of 14.47%. The business had revenue of C$75.43 million during the quarter. As a group, research analysts predict that Mandalay Resources Corp. will post 0.1480392 earnings per share for the current fiscal year.
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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