Shares of Mandalay Resources Corp. (TSE:MND - Get Free Report) crossed 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 Price Performance
The stock has a market capitalization of C$307.96 million, a price-to-earnings ratio of 10.24 and a beta of 0.43. The business has a 50-day simple moving average of C$4.97 and a two-hundred day simple moving average of C$4.83. The company has a quick ratio of 0.89, a current ratio of 2.00 and a debt-to-equity ratio of 2.46.
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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