Mandalay Resources (TSE:MND) Hits New 1-Year High at $2.50

Shares of Mandalay Resources Corp. (TSE:MND) reached a new 52-week high during trading on Thursday . The company traded as high as C$2.50 and last traded at C$2.35, with a volume of 155186 shares trading hands. The stock had previously closed at C$2.29.

Mandalay Resources Trading Up 2.7 %

The company has a debt-to-equity ratio of 14.27, a current ratio of 2.31 and a quick ratio of 0.89. The company has a market cap of C$243.76 million, a PE ratio of 14.56 and a beta of 0.49. The firm’s 50 day moving average is C$2.24 and its 200 day moving average is C$1.94.

Mandalay Resources (TSE:MND) last announced its earnings results on Wednesday, May 8th. The company reported C$0.18 earnings per share (EPS) for the quarter. The business had revenue of C$74.84 million for the quarter. Mandalay Resources had a return on equity of 6.97% and a net margin of 7.07%. On average, equities analysts anticipate that Mandalay Resources Corp. will post 0.1480392 earnings per share for the current year.

About Mandalay Resources

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.