Mandalay Resources (MND) to Release Earnings on Wednesday

Mandalay Resources (TSE:MND) is set to release its earnings data after the market closes on Wednesday, August 7th.

Shares of MND traded up C$0.13 during mid-day trading on Tuesday, hitting C$1.37. 299,771 shares of the company were exchanged, compared to its average volume of 55,261. Mandalay Resources has a 1-year low of C$0.50 and a 1-year high of C$1.90. The company has a current ratio of 1.36, a quick ratio of 1.06 and a debt-to-equity ratio of 48.23. The firm’s 50 day simple moving average is C$0.96. The stock has a market cap of $112.89 million and a PE ratio of -0.98.

Separately, BMO Capital Markets upped their price target on shares of Mandalay Resources from C$0.40 to C$4.00 in a research report on Tuesday, July 9th.

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 Björkdal gold mine that comprises 9 mining concessions and 19 exploration permits located in Västerbotten County in northern Sweden.

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Earnings History for Mandalay Resources (TSE:MND)

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