Shares of Mandalay Resources Corp. (TSE:MND - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$3.32 and traded as high as C$4.25. Mandalay Resources shares last traded at C$4.18, with a volume of 17,904 shares changing hands.
Mandalay Resources Price Performance
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 company has a 50 day moving average of C$3.99 and a 200-day moving average of C$3.33. The stock has a market capitalization of C$412.43 million, a P/E ratio of 10.80 and a beta of 0.43.
Mandalay Resources (TSE:MND - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.15 earnings per share 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. Sell-side analysts predict that Mandalay Resources Corp. will post 0.1480392 EPS for the current year.
Insider Transactions at Mandalay Resources
In other news, Director Bradford Mills sold 400,000 shares of the company's stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$4.30, for a total transaction of C$1,720,000.00. Insiders own 1.68% of the company's stock.
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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