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MND

Mandalay Resources TSX:MND Stock Report

Last Price

CA$1.92

Market Cap

CA$180.2m

7D

7.3%

1Y

6.7%

Updated

02 Oct, 2023

Data

Company Financials +

Mandalay Resources Corporation

TSX:MND Stock Report

Mkt Cap: CA$180.2m

MND Stock Overview

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.

MND fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
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$1.92
52 Week HighCA$3.50
52 Week LowCA$1.30
Beta1.38
1 Month Change20.75%
3 Month Change11.63%
1 Year Change6.67%
3 Year Change19.25%
5 Year Change42.22%
Change since IPO-94.81%

Recent News & Updates

Recent updates

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)

Shareholders Will Be Pleased With The Quality of Mandalay Resources' (TSE:MND) Earnings

Mar 04
Shareholders Will Be Pleased With The Quality of Mandalay Resources' (TSE:MND) Earnings

Mandalay Resources (TSE:MND) Has A Somewhat Strained Balance Sheet

Feb 23
Mandalay Resources (TSE:MND) Has A Somewhat Strained Balance Sheet

The Mandalay Resources (TSE:MND) Share Price Is Up 118% And Shareholders Are Boasting About It

Feb 02
The Mandalay Resources (TSE:MND) Share Price Is Up 118% And Shareholders Are Boasting About It

What Type Of Shareholders Own The Most Number of Mandalay Resources Corporation (TSE:MND) Shares?

Jan 12
What Type Of Shareholders Own The Most Number of Mandalay Resources Corporation (TSE:MND) Shares?

Read This Before Buying Mandalay Resources Corporation (TSE:MND) Shares

Dec 22
Read This Before Buying Mandalay Resources Corporation (TSE:MND) Shares

Mandalay Resources Corporation (TSE:MND) Could Be Less Than A Year Away From Profitability

Dec 04
Mandalay Resources Corporation (TSE:MND) Could Be Less Than A Year Away From Profitability

Shareholder Returns

MNDCA Metals and MiningCA Market
7D7.3%-2.5%-1.2%
1Y6.7%9.8%3.6%

Return vs Industry: MND underperformed the Canadian Metals and Mining industry which returned 9.8% over the past year.

Return vs Market: MND exceeded the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is MND's price volatile compared to industry and market?
MND volatility
MND Average Weekly Movement11.7%
Metals and Mining Industry Average Movement9.6%
Market Average Movement8.0%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market3.0%

Stable Share Price: MND is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: MND's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aFrazer Bourchierhttps://www.mandalayresources.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. The company primarily holds 100% interests in the Costerfield gold-antimony mine located in Australia, and the Björkdal gold mine located in Sweden.

Mandalay Resources Corporation Fundamentals Summary

How do Mandalay Resources's earnings and revenue compare to its market cap?
MND fundamental statistics
Market CapCA$180.19m
Earnings (TTM)CA$15.58m
Revenue (TTM)CA$231.43m

11.4x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MND income statement (TTM)
RevenueUS$169.28m
Cost of RevenueUS$100.50m
Gross ProfitUS$68.77m
Other ExpensesUS$57.38m
EarningsUS$11.40m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin40.63%
Net Profit Margin6.73%
Debt/Equity Ratio11.3%

How did MND perform over the long term?

See historical performance and comparison