Mandalay Resources Corp. (TSE:MND - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.74 and traded as high as C$4.81. Mandalay Resources shares last traded at C$4.79, with a volume of 37,768 shares changing hands.
Mandalay Resources Stock Up 0.6 %
The business has a 50-day simple moving average of C$4.45 and a two-hundred day simple moving average of C$3.78. The company has a market capitalization of C$327.83 million, a price-to-earnings ratio of 10.90 and a beta of 0.43. The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.89 and a current ratio of 2.00.
Insider Buying and Selling at Mandalay Resources
In other news, Director Bradford Mills sold 400,000 shares of the firm's stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$4.30, for a total value of C$1,720,000.00. 1.68% of the stock is currently owned by corporate insiders.
About Mandalay Resources
(
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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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