What is Mandalay Resources' stock price target for 2024?

0 analysts have issued 12-month price objectives for Mandalay Resources' stock. Their MND share price targets range from C$3.00 to C$3.00. On average, they anticipate the company's share price to reach C$3.00 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price. View analysts price targets for MND or view top-rated stocks among Wall Street analysts .

How have MND shares performed in 2023?

Mandalay Resources' stock was trading at C$3.03 at the beginning of the year. Since then, MND shares have decreased by 38.9% and is now trading at C$1.85. View the best growth stocks for 2023 here .

When is Mandalay Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our MND earnings forecast .

How were Mandalay Resources' earnings last quarter?

Mandalay Resources Corp. (TSE:MND) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $54.88 million for the quarter. Mandalay Resources had a net margin of 3.77% and a trailing twelve-month return on equity of 3.48%.

Is Mandalay Resources a good dividend stock?

Mandalay Resources (TSE:MND) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 15.81%. MND has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MND .

What other stocks do shareholders of Mandalay Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mandalay Resources investors own include Dyadic International (DYAI) , First Majestic Silver (AG) , Fortis (FTS) , First Majestic Silver (FR) , Alamos Gold (AGI) , Eldorado Gold (ELD) , New Gold (NGD) , Noront Resources (NOT) , Osisko Gold Royalties (OR) and Shopify (SHOP) .

How do I buy shares of Mandalay Resources?

Shares of MND stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Mandalay Resources Stock Price, News & Analysis (TSE:MND)

C$1.85

-0.05 (-2.63%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$1.85
▼
C$1.89
50-Day Range: C$1.55
▼
C$2.09
52-Week Range: C$1.30
▼
C$3.50

Volume: 17,499 shs
Average Volume: 13,707 shs
Market Capitalization: C$171.83 million

P/E Ratio: 23.13
Dividend Yield: 1.62%
Price Target: C$3.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

About Mandalay Resources Stock (TSE:MND)

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. It also holds a 100% interest in the Cerro Bayo silver-gold mine covering 29,495 ha of exploitation concessions and 45 hectares of exploration concessions located in the Cerro Bayo district, southern Chile. In addition, the company holds a 100% interest in the Challacollo silver-gold project, which includes 98 mining exploitation concessions covering an area of 20,378 ha located to the southeast of the port city of Iquique, Chile. Mandalay Resources Corporation was incorporated in 1997 and is headquartered in Toronto, Canada.

MND Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MND Stock News Headlines

November 25, 2023 | finance.yahoo.com

With 33% stake, Mandalay Resources Corporation (TSE:MND) seems to have captured institutional investors' interest

November 8, 2023 | finanznachrichten.de

Mandalay Resources Corporation: Mandalay Resources Announces Financial Results for the Third Quarter 2023 and CFO Transition

December 8, 2023 | Autonomix (Ad)

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November 8, 2023 | juniorminingnetwork.com

Mandalay Resources Announces Financial Results for Third Quarter 2023 and CFO Transition

November 8, 2023 | finance.yahoo.com

Mandalay Resources Announces Financial Results for the Third Quarter 2023 and CFO Transition

November 7, 2023 | finance.yahoo.com

Mandalay Resources Corporation Provides an Exploration Update on Shepherd and Brunswick Deeps Discovery

November 6, 2023 | finance.yahoo.com

Mandalay Resources Provides Target Release Date for Third Quarter 2023 Financial Results and Conference Call

November 4, 2023 | finance.yahoo.com

Calculating The Fair Value Of Mandalay Resources Corporation (TSE:MND)

December 8, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 2, 2023 | finanznachrichten.de

Mandalay Resources Corporation: Mandalay Resources Appoints Scott Trebilcock as EVP and Chief Development Officer to Support Growth Strategy

October 31, 2023 | finance.yahoo.com

Mandalay Resources Appoints Scott Trebilcock as EVP and Chief Development Officer to Support Growth Strategy

October 16, 2023 | markets.businessinsider.com

BMO Capital Maintains a Buy Rating on Mandalay Resources (MND)

October 13, 2023 | finanznachrichten.de

Mandalay Resources Corporation: Mandalay Resources Announces Production and Sales Results for the Third Quarter of 2023

October 13, 2023 | juniorminingnetwork.com

Mandalay Resources Announces Production and Sales Results for Third Quarter of 2023

September 21, 2023 | theglobeandmail.com

Closing Bell: Mandalay Resources Corp flat on Wednesday (MND)

September 6, 2023 | msn.com

Canada Unearthed: After a stonking Victorian gold hit, these TSX explorers are ready for a great gold crossover

August 29, 2023 | finance.yahoo.com

Mandalay Resources (TSE:MND) Is Experiencing Growth In Returns On Capital

August 9, 2023 | finanznachrichten.de

Mandalay Resources Corporation: MANDALAY RESOURCES ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER 2023

August 9, 2023 | juniorminingnetwork.com

Mandalay Resources Announces Financial Results for Second Quarter 2023

August 9, 2023 | finance.yahoo.com

MANDALAY RESOURCES ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER 2023

August 3, 2023 | finance.yahoo.com

Mandalay Resources Provides Target Release Date for Second Quarter 2023 Financial Results and Conference Call

July 21, 2023 | juniorminingnetwork.com

Mandalay Resources Receives Mining Permit on Eastern Extension Zone, Björkdal Mine, Sweden

July 20, 2023 | finance.yahoo.com

MANDALAY RESOURCES CORPORATION RECEIVES MINING PERMIT ON EASTERN EXTENSION ZONE, BJÖRKDAL MINE, SWEDEN

July 18, 2023 | finance.yahoo.com

MANDALAY RESOURCES REPORTS ENCOURAGING NEAR-MINE EXPLORATION RESULTS FROM THE EASTERN EXTENSION AND NORTH ZONE DRILLING PROGRAMS

July 14, 2023 | markets.businessinsider.com

Mandalay Resources (MND) Gets a Buy Rating from BMO Capital

July 13, 2023 | finance.yahoo.com

Mandalay Resources Announces Production and Sales Results for the Second Quarter of 2023 and Revised Full-Year 2023 Guidance

June 14, 2023 | finance.yahoo.com

Institutions own 33% of Mandalay Resources Corporation (TSE:MND) shares but retail investors control 36% of the company

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/08/2023
Next Earnings (Estimated): 2/22/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:MND
CUSIP: N/A
CIK: N/A
Web: www.mandalayresources.com
Phone: +1-647-2601566
Fax: N/A
Employees: 460
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: +59.6%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.08
Trailing P/E Ratio: 23.50
Forward P/E Ratio: 12.70
P/E Growth: N/A
Net Income: C$6.19 million
Net Margins: 3.77%
Pretax Margin: N/A
Return on Equity: 3.48%
Return on Assets: 5.03%

Debt

Debt-to-Equity Ratio: 13.25
Current Ratio: 1.90
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: C$164.14 million
Price / Sales: 1.06
Cash Flow: C$0.36 per share
Price / Cash Flow: 5.30
Book Value: C$1.96 per share
Price / Book: 0.96

Miscellaneous

Outstanding Shares: 92,880,000
Free Float: N/A
Market Cap: C$174.61 million
Optionable: Not Optionable
Beta: 1.03

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Key Executives

Mr. Dominic Duffy
Pres, CEO & Director
Ms. Belinda Elaine Labatte (Age 43)
Chief Devel. Officer
Mr. Nicholas Gary Dwyer C.A.
Chief Financial Officer
Mr. Greg DiTomaso
Director of Investor Relations
Ms. Jasmine Virk
Director of Corp. Affairs & Corp. Sec.

Key Competitors

View All Competitors

MND Stock Analysis - Frequently Asked Questions

What is Mandalay Resources' stock price target for 2024?: 0 analysts have issued 12-month price objectives for Mandalay Resources' stock. Their MND share price targets range from C$3.00 to C$3.00. On average, they anticipate the company's share price to reach C$3.00 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price.
View analysts price targets for MND or view top-rated stocks among Wall Street analysts.
How have MND shares performed in 2023?: Mandalay Resources' stock was trading at C$3.03 at the beginning of the year. Since then, MND shares have decreased by 38.9% and is now trading at C$1.85.
View the best growth stocks for 2023 here.
When is Mandalay Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our MND earnings forecast.
How were Mandalay Resources' earnings last quarter?: Mandalay Resources Corp. (TSE:MND) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $54.88 million for the quarter. Mandalay Resources had a net margin of 3.77% and a trailing twelve-month return on equity of 3.48%.

Is Mandalay Resources a good dividend stock?: Mandalay Resources (TSE:MND) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 15.81%. MND has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MND.
What other stocks do shareholders of Mandalay Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mandalay Resources investors own include Dyadic International (DYAI), First Majestic Silver (AG), Fortis (FTS), First Majestic Silver (FR), Alamos Gold (AGI), Eldorado Gold (ELD), New Gold (NGD), Noront Resources (NOT), Osisko Gold Royalties (OR) and Shopify (SHOP).
How do I buy shares of Mandalay Resources?: Shares of MND stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:MND) was last updated on 12/8/2023 by MarketBeat.com Staff

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