Mandalay Resources (MND) Stock Price, News & Analysis

Company Overview

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. It also holds a 100% interest in the Cerro Bayo silver-gold mine covering 29,495 ha of exploitation concessions and 45 hectares of exploration concessions located in the Cerro Bayo district, southern Chile. In addition, the company holds a 100% interest in the Challacollo silver-gold project, which includes 98 mining exploitation concessions covering an area of 20,378 ha located to the southeast of the port city of Iquique, Chile. Mandalay Resources Corporation was incorporated in 1997 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$3.42 to C$3.46
• 50-Day Range: C$3.10 to C$3.50
• 52-Week Range: C$1.38 to C$3.54
• Volume: 10,589 shs
• Average Volume: 29,499 shs
• Market Capitalization: C$320.26 million
• P/E Ratio: 8.39
• Dividend Yield: 0.87%
• Price Target: C$2.50
• Consensus Rating: Buy

Mandalay Resources Stock Analysis - MarketRank™

Mandalay Resources scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Mandalay Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mandalay Resources has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mandalay Resources is 8.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mandalay Resources is 8.44, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.14.

Price to Book Value per Share Ratio

Mandalay Resources has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MND.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Mandalay Resources is a leading dividend payer. It pays a dividend yield of 15.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Mandalay Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Mandalay Resources is 7.32%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MND.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.55

News Sentiment

Mandalay Resources has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Mandalay Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mandalay Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.68% of the stock of Mandalay Resources is held by insiders.

Percentage Held by Institutions

77.11% of the stock of Mandalay Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MND Stock Analysis - Frequently Asked Questions

How have MND shares performed this year?

Mandalay Resources' stock was trading at C$1.83 at the start of the year. Since then, MND stock has increased by 89.1% and is now trading at C$3.46.
View the best growth stocks for 2024 here.

How were Mandalay Resources' earnings last quarter?

Mandalay Resources Corp. (TSE:MND) posted its earnings results on Wednesday, November, 6th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $75.43 million for the quarter. Mandalay Resources had a net margin of 13.58% and a trailing twelve-month return on equity of 14.47%.

How do I buy shares of Mandalay Resources?

Shares of MND stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Mandalay Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mandalay Resources investors own include Dyadic International (DYAI), Fortis (FTS), First Majestic Silver (AG), Baytex Energy (BTE), Wheaton Precious Metals (WPM), Noront Resources (NOT) and Shopify (SHOP).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Industrial Metals & Minerals
• Sub-Industry: N/A
• Current Symbol: TSE:MND
• CUSIP: N/A
• CIK: N/A
• Web: www.mandalayresources.com
• Phone: +1-647-2601566
• Fax: N/A
• Employees: 460
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.50
• High Stock Price Target: C$2.50
• Low Stock Price Target: C$2.50
• Potential Upside/Downside: -26.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.41
• Trailing P/E Ratio: 8.24
• Forward P/E Ratio: 22.83
• P/E Growth: N/A
• Net Income: C$28.53 million
• Net Margins: 13.58%
• Pretax Margin: N/A
• Return on Equity: 14.47%
• Return on Assets: 12.50%

Debt

• Debt-to-Equity Ratio: 12.67
• Current Ratio: 1.77
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: C$210.06 million
• Price / Sales: 1.50
• Cash Flow: C$0.64 per share
• Price / Cash Flow: 5.30
• Book Value: C$2.30 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 93,100,000
• Free Float: N/A
• Market Cap: C$314.68 million
• Optionable: Not Optionable
• Beta: 0.43