Mandalay Resources Corp. (TSE:MND - Get Free Report) shares rose 10.6% during trading on Monday . The company traded as high as C$5.54 and last traded at C$5.43. Approximately 83,852 shares were traded during trading, an increase of 5% from the average daily volume of 80,156 shares. The stock had previously closed at C$4.91.
Mandalay Resources Stock Performance
The stock has a fifty day simple moving average of C$4.69 and a two-hundred day simple moving average of C$3.95. The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.89 and a current ratio of 2.00. The stock has a market capitalization of C$355.65 million, a price-to-earnings ratio of 11.83 and a beta of 0.43.
Insider Activity at Mandalay Resources
In related news, Senior Officer Frazer William Bourchier sold 27,692 shares of the stock in a transaction 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 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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