Mandalay Resources (MND) to Release Earnings on Wednesday

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

Mandalay Resources (TSE:MND) last released its earnings results on Wednesday, May 8th. The company reported C$0.18 earnings per share (EPS) for the quarter. Mandalay Resources had a net margin of 7.07% and a return on equity of 6.97%. The firm had revenue of C$74.84 million during the quarter.

Mandalay Resources Stock Down 2.5 %

Shares of MND stock traded down C$0.06 during trading hours on Tuesday, hitting C$2.32. 2,940 shares of the company’s stock traded hands, compared to its average volume of 24,450. The stock has a market cap of C$215.85 million, a price-to-earnings ratio of 12.83 and a beta of 0.49. The company has a quick ratio of 0.89, a current ratio of 2.31 and a debt-to-equity ratio of 14.27. The stock’s fifty day simple moving average is C$2.30 and its two-hundred day simple moving average is C$2.01. Mandalay Resources has a 12-month low of C$1.30 and a 12-month high of C$2.67.

Insider Activity at Mandalay Resources

In related news, Director Abraham Jonker sold 36,124 shares of the firm’s stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of C$2.58, for a total transaction of C$93,199.92. 1.17% of the stock is owned by insiders.

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.