Mandalay Resources Corp. (TSE:MND - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.66 and traded as high as C$5.41. Mandalay Resources shares last traded at C$5.25, with a volume of 120,037 shares changing hands.
Mandalay Resources Price Performance
The company has a market cap of C$337.11 million, a PE ratio of 11.21 and a beta of 0.43. The stock has a fifty day moving average price of C$5.09 and a 200-day moving average price of C$4.70. The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.89.
Insider Buying and Selling at Mandalay Resources
In other news, Senior Officer Frazer William Bourchier sold 27,692 shares of the company's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$4.70, for a total value of C$130,152.40. Company 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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