Free Trial

Mandalay Resources (TSE:MND) Stock Price Crosses Below 200 Day Moving Average - Here's What Happened

Mandalay Resources logo with Basic Materials background

Shares of Mandalay Resources Corp. (TSE:MND - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.83 and traded as low as C$4.61. Mandalay Resources shares last traded at C$4.65, with a volume of 104,327 shares.

Mandalay Resources Trading Up 1.3%

The stock has a market cap of C$304.65 million, a PE ratio of 10.13 and a beta of 0.43. The business's fifty day moving average is C$4.96 and its 200 day moving average is C$4.84. The company has a quick ratio of 0.89, a current ratio of 2.00 and a debt-to-equity ratio of 2.46.

About Mandalay Resources

(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.

Featured Articles

Should You Invest $1,000 in Mandalay Resources Right Now?

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

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines