Frazer William Bourchier Sells 27,692 Shares of Mandalay Resources Corp. (TSE:MND) Stock

Mandalay Resources Corp. (TSE:MND) Senior Officer Frazer William Bourchier sold 27,692 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of C$4.70, for a total transaction of C$130,152.40.

Mandalay Resources Stock Performance

TSE MND opened at C$4.91 on Friday. The stock has a market capitalization of C$325.18 million, a price-to-earnings ratio of 10.81 and a beta of 0.43. The business’s 50 day moving average is C$4.57 and its two-hundred day moving average is C$3.88. Mandalay Resources Corp. has a 12-month low of C$1.43 and a 12-month high of C$5.07. The company has a current ratio of 2.00, a quick ratio of 0.89 and a debt-to-equity ratio of 2.46.

Mandalay Resources Company Profile

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.