Shares of Mandalay Resources Corp. (TSE:MND - Get Free Report) 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 trading hands.
Mandalay Resources Stock Up 0.8%
The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.89. The business has a 50 day moving average price of C$5.10 and a 200 day moving average price of C$4.66. The firm has a market capitalization of C$350.35 million, a P/E ratio of 11.65 and a beta of 0.43.
Insider Activity
In other news, Senior Officer Frazer William Bourchier sold 27,692 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of C$4.70, for a total value of C$130,152.40. 1.68% of the stock is owned by company insiders.
Mandalay Resources Company Profile
(
Get Free Report)
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.
Read More
Before you consider Mandalay Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mandalay Resources wasn't on the list.
While Mandalay Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
