What is Mandalay Resources' stock price target for 2024?

0 Wall Street analysts have issued twelve-month price targets for Mandalay Resources' stock. Their MNDJF share price targets range from C$3.00 to C$3.00. On average, they expect the company's stock price to reach C$3.00 in the next twelve months. This suggests a possible upside of 77.5% from the stock's current price. View analysts price targets for MNDJF or view top-rated stocks among Wall Street analysts .

How have MNDJF shares performed in 2024?

Mandalay Resources' stock was trading at C$1.38 on January 1st, 2024. Since then, MNDJF stock has increased by 22.5% and is now trading at C$1.69. View the best growth stocks for 2024 here .

Are investors shorting Mandalay Resources?

Mandalay Resources saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 18,400 shares, a decrease of 59.3% from the April 15th total of 45,200 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 4.6 days. View Mandalay Resources' Short Interest .

Is Mandalay Resources a good dividend stock?

Mandalay Resources (OTCMKTS:MNDJF) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 2.80%. The dividend payout ratio is 75.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Mandalay Resources?

Shares of MNDJF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:MNDJF

Mandalay Resources (MNDJF) Stock Price, News & Analysis

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C$1.69

+0.01 (+0.60%)

(As of 05/31/2024 ET)

Compare

Today's Range: C$1.67
▼
C$1.69
50-Day Range: C$1.10
▼
C$1.75
52-Week Range: C$1.00
▼
C$1.76

Volume: 10,852 shs
Average Volume: 4,960 shs
Market Capitalization: N/A

P/E Ratio: 41.32
Dividend Yield: 1.82%
Price Target: C$3.00

Stock Analysis Analyst Forecasts Chart Short Interest

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Mandalay Resources MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 77.5% Upside
C$3.00 Price Target
Short Interest: Healthy
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.81 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
Mandalay Resources has received no research coverage in the past 90 days.
Read more about Mandalay Resources' stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Mandalay Resources has a short interest ratio ("days to cover") of 8.9.
Change versus previous month
Short interest in Mandalay Resources has recently decreased by 12.50%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Mandalay Resources pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Mandalay Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mandalay Resources is 75.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read more about Mandalay Resources' dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MNDJF.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Mandalay Resources this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mandalay Resources insiders have not sold or bought any company stock.
Percentage Held by Institutions
63.00% of the stock of Mandalay Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Mandalay Resources' insider trading history.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mandalay Resources is 41.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mandalay Resources is 41.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 149.11.

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About Mandalay Resources Stock (OTCMKTS:MNDJF)

Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden. Mandalay Resources Corporation was incorporated in 1997 and is headquartered in Toronto, Canada.

MNDJF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MNDJF Stock News Headlines

May 28, 2024 | prnewswire.com

Mandalay Resources Announces the Results of its Annual General Meeting

May 14, 2024 | prnewswire.com

Mandalay Successfully Depth Tests the Björkdal Norrberget Gold Deposit Intercepting 13.3 g/t Gold Over 5.5 Meters

May 8, 2024 | prnewswire.com

Mandalay Resources Delivers Strong First Quarter 2024 Financial Results

May 6, 2024 | prnewswire.com

Mandalay Resources Provides Target Release Date for its First Quarter 2024 Financial Results and Conference Call

March 28, 2024 | prnewswire.com

Mandalay Resources Corporation Announces Filing of Annual Information Form and Updated NI 43-101 Technical Report for its Costerfield Operation

February 22, 2024 | prnewswire.com

Mandalay Resources Announces Financial Results for the Fourth Quarter and Full-Year 2023

February 22, 2024 | prnewswire.com

Mandalay Resources Provides 2023 Year-End Mineral Reserves and Resources Update for the Costerfield Mine, alongside an Interim Mineral Reserves Update for the Björkdal Mine

February 15, 2024 | prnewswire.com

Mandalay Resources Provides Target Release Date for Fourth Quarter and Full-Year 2023 Financial Results and Conference Call

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: OTCMKTS:MNDJF
CUSIP: N/A
CIK: N/A
Web: www.mandalayresources.com
Phone: (647) 260-1566
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$3.00
High Stock Price Target: C$3.00
Low Stock Price Target: C$3.00
Potential Upside/Downside: +77.5%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 41.32
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Frazer William Bourchier BASc (Age 58)
MASc, P.Eng, President, CEO & Director
Comp: $462.56k
Mr. Ryan Kane Austerberry
Chief Operating Officer
Mr. Scott A. Trebilcock B.Sc. (Age 53)
M.B.A., Executive VP & Chief Development Officer
Comp: $263.57k
Mr. Chris Davis
Vice President of Operational Geology & Exploration
Ms. Jasmine Virk
Senior Director of Corporate Affairs & Corporate Secretary

Key Competitors

View All Competitors

MNDJF Stock Analysis - Frequently Asked Questions

What is Mandalay Resources' stock price target for 2024?: 0 Wall Street analysts have issued twelve-month price targets for Mandalay Resources' stock. Their MNDJF share price targets range from C$3.00 to C$3.00. On average, they expect the company's stock price to reach C$3.00 in the next twelve months. This suggests a possible upside of 77.5% from the stock's current price.
View analysts price targets for MNDJF or view top-rated stocks among Wall Street analysts.
How have MNDJF shares performed in 2024?: Mandalay Resources' stock was trading at C$1.38 on January 1st, 2024. Since then, MNDJF stock has increased by 22.5% and is now trading at C$1.69.
View the best growth stocks for 2024 here.
Are investors shorting Mandalay Resources?: Mandalay Resources saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 18,400 shares, a decrease of 59.3% from the April 15th total of 45,200 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 4.6 days.
View Mandalay Resources' Short Interest.

Is Mandalay Resources a good dividend stock?: Mandalay Resources (OTCMKTS:MNDJF) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 2.80%. The dividend payout ratio is 75.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Mandalay Resources?: Shares of MNDJF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MNDJF) was last updated on 6/2/2024 by MarketBeat.com Staff

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Mandalay Resources (MNDJF) Stock Price, News & Analysis