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Mandalay Resources TSX:MND Stock Report

Last Price

CA$2.29

Market Cap

CA$214.1m

7D

1.3%

1Y

10.1%

Updated

31 May, 2024

Data

Company Financials +

Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$214.1m

MND Stock Overview

Engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile.

MND fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends0/6

Mandalay Resources Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mandalay Resources
Historical stock prices
Current Share PriceCA$2.29
52 Week HighCA$2.39
52 Week LowCA$1.30
Beta0.49
1 Month Change0.44%
3 Month Change49.67%
1 Year Change10.10%
3 Year Change-23.15%
5 Year Change186.25%
Change since IPO-93.81%

Recent News & Updates

Mandalay Resources Corporation's (TSE:MND) 60% Share Price Surge Not Quite Adding Up

Apr 24
Mandalay Resources Corporation's (TSE:MND) 60% Share Price Surge Not Quite Adding Up

Recent updates

Mandalay Resources Corporation's (TSE:MND) 60% Share Price Surge Not Quite Adding Up

Apr 24
Mandalay Resources Corporation's (TSE:MND) 60% Share Price Surge Not Quite Adding Up

Investors Will Want Mandalay Resources' (TSE:MND) Growth In ROCE To Persist

Jan 30
Investors Will Want Mandalay Resources' (TSE:MND) Growth In ROCE To Persist

Here's Why Mandalay Resources (TSE:MND) Has A Meaningful Debt Burden

Oct 24
Here's Why Mandalay Resources (TSE:MND) Has A Meaningful Debt Burden

There's Been No Shortage Of Growth Recently For Mandalay Resources' (TSE:MND) Returns On Capital

Oct 04
There's Been No Shortage Of Growth Recently For Mandalay Resources' (TSE:MND) Returns On Capital

Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?

Jul 12
Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?

Mandalay Resources (TSE:MND) Is Doing The Right Things To Multiply Its Share Price

Jun 15
Mandalay Resources (TSE:MND) Is Doing The Right Things To Multiply Its Share Price

Under The Bonnet, Mandalay Resources' (TSE:MND) Returns Look Impressive

Oct 04
Under The Bonnet, Mandalay Resources' (TSE:MND) Returns Look Impressive

Mandalay Resources (TSE:MND) Seems To Use Debt Quite Sensibly

Aug 23
Mandalay Resources (TSE:MND) Seems To Use Debt Quite Sensibly

Why We Like The Returns At Mandalay Resources (TSE:MND)

Jun 18
Why We Like The Returns At Mandalay Resources (TSE:MND)

Mandalay Resources (TSE:MND) Has A Pretty Healthy Balance Sheet

May 11
Mandalay Resources (TSE:MND) Has A Pretty Healthy Balance Sheet

Mandalay Resources Corporation (TSE:MND) Held Back By Insufficient Growth Even After Shares Climb 26%

Mar 07
Mandalay Resources Corporation (TSE:MND) Held Back By Insufficient Growth Even After Shares Climb 26%

Mandalay Resources (TSE:MND) Is Investing Its Capital With Increasing Efficiency

Mar 04
Mandalay Resources (TSE:MND) Is Investing Its Capital With Increasing Efficiency

Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?

Nov 07
Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?

Is Mandalay Resources (TSE:MND) A Risky Investment?

Jul 21
Is Mandalay Resources (TSE:MND) A Risky Investment?

Shareholders Would Enjoy A Repeat Of Mandalay Resources' (TSE:MND) Recent Growth In Returns

Jun 10
Shareholders Would Enjoy A Repeat Of Mandalay Resources' (TSE:MND) Recent Growth In Returns

Increases to CEO Compensation Might Be Put On Hold For Now at Mandalay Resources Corporation (TSE:MND)

May 20
Increases to CEO Compensation Might Be Put On Hold For Now at Mandalay Resources Corporation (TSE:MND)

Shareholder Returns

MNDCA Metals and MiningCA Market
7D1.3%-0.2%-0.4%
1Y10.1%8.3%11.4%

Return vs Industry: MND matched the Canadian Metals and Mining industry which returned 9.2% over the past year.

Return vs Market: MND matched the Canadian Market which returned 10.5% over the past year.

Price Volatility

Is MND's price volatile compared to industry and market?
MND volatility
MND Average Weekly Movement6.6%
Metals and Mining Industry Average Movement11.1%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.0%

Stable Share Price: MND's share price has been volatile over the past 3 months.

Volatility Over Time: MND's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aFrazer Bourchiermandalayresources.com

Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.

Mandalay Resources Corporation Fundamentals Summary

How do Mandalay Resources's earnings and revenue compare to its market cap?
MND fundamental statistics
Market capCA$214.09m
Earnings (TTM)CA$17.98m
Revenue (TTM)CA$254.36m

11.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MND income statement (TTM)
RevenueUS$186.68m
Cost of RevenueUS$106.35m
Gross ProfitUS$80.33m
Other ExpensesUS$67.13m
EarningsUS$13.20m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin43.03%
Net Profit Margin7.07%
Debt/Equity Ratio13.2%

How did MND perform over the long term?

See historical performance and comparison
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