Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 1/6 |
Past Performance | 3/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
MND Stock Overview
Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties.
Mandalay Resources Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CA$2.80 |
52 Week High | CA$3.86 |
52 Week Low | CA$1.82 |
Beta | 1.86 |
1 Month Change | -10.26% |
3 Month Change | -12.23% |
1 Year Change | -9.09% |
3 Year Change | 125.81% |
5 Year Change | -20.00% |
Change since IPO | -92.43% |
Recent News & Updates
Why We Like The Returns At Mandalay Resources (TSE:MND)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Shareholder Returns
MND | CA Metals and Mining | CA Market | |
---|---|---|---|
7D | -3.4% | -4.6% | 0.3% |
1Y | -9.1% | -14.8% | -3.7% |
Return vs Industry: MND exceeded the Canadian Metals and Mining industry which returned -12.1% over the past year.
Return vs Market: MND underperformed the Canadian Market which returned -2.9% over the past year.
Price Volatility
MND volatility | |
---|---|
MND Average Weekly Movement | 10.2% |
Metals and Mining Industry Average Movement | 11.0% |
Market Average Movement | 10.0% |
10% most volatile stocks in CA Market | 17.2% |
10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: MND is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: MND's weekly volatility (10%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1997 | n/a | Dominic Duffy | https://www.mandalayresources.com |
Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. It explores for gold, silver, and antimony deposits. The company primarily holds 100% interests in the Costerfield gold-antimony mine located in Central Victoria, Australia; and the Björkdal gold mine located in Västerbotten County in northern Sweden.
Mandalay Resources Fundamentals Summary
MND fundamental statistics | |
---|---|
Market Cap | US$200.29m |
Earnings (TTM) | US$39.86m |
Revenue (TTM) | US$230.98m |
5.0x
P/E Ratio0.9x
P/S RatioIs MND overvalued?
See Fair Value and valuation analysisEarnings & Revenue
MND income statement (TTM) | |
---|---|
Revenue | US$230.98m |
Cost of Revenue | US$105.16m |
Gross Profit | US$125.82m |
Other Expenses | US$85.96m |
Earnings | US$39.86m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.43 |
Gross Margin | 54.47% |
Net Profit Margin | 17.26% |
Debt/Equity Ratio | 21.7% |
How did MND perform over the long term?
See historical performance and comparisonValuation
Is MND undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MND?
Other financial metrics that can be useful for relative valuation.
What is MND's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$200.29m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.8x |
Enterprise Value/EBITDA | 1.6x |
PEG Ratio | 1.5x |
Price to Earnings Ratio vs Peers
How does MND's PE Ratio compare to its peers?
MND PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 47.3x | ||
JAG Jaguar Mining | 7.5x | n/a | CA$214.5m |
AR Argonaut Gold | 23.9x | 134.0% | CA$158.1m |
MKO Mako Mining | 146.4x | n/a | CA$187.5m |
RBX Robex Resources | 11.6x | n/a | CA$216.5m |
MND Mandalay Resources | 5x | 3.4% | CA$258.3m |
Price-To-Earnings vs Peers: MND is good value based on its Price-To-Earnings Ratio (5x) compared to the peer average (47.3x).
Price to Earnings Ratio vs Industry
How does MND's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Earnings vs Industry: MND is good value based on its Price-To-Earnings Ratio (5x) compared to the Canadian Metals and Mining industry average (10.9x)
Price to Earnings Ratio vs Fair Ratio
What is MND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 5x |
Fair PE Ratio | 8.8x |
Price-To-Earnings vs Fair Ratio: MND is good value based on its Price-To-Earnings Ratio (5x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).
Share Price vs Fair Value
What is the Fair Price of MND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MND (CA$2.8) is trading below our estimate of fair value (CA$28.48)
Significantly Below Fair Value: MND is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: MND is poor value based on its PEG Ratio (1.5x)
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Future Growth
How is Mandalay Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MND's forecast earnings growth (3.4% per year) is above the savings rate (1.6%).
Earnings vs Market: MND's earnings (3.4% per year) are forecast to grow slower than the Canadian market (7.3% per year).
High Growth Earnings: MND's earnings are forecast to grow, but not significantly.
Revenue vs Market: MND's revenue (0.3% per year) is forecast to grow slower than the Canadian market (6.6% per year).
High Growth Revenue: MND's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MND's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Mandalay Resources performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
54.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MND has a large one-off loss of $17.8M impacting its March 31 2022 financial results.
Growing Profit Margin: MND's current net profit margins (17.3%) are lower than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: MND has become profitable over the past 5 years, growing earnings by 54.3% per year.
Accelerating Growth: MND's earnings growth over the past year (3.8%) is below its 5-year average (54.3% per year).
Earnings vs Industry: MND earnings growth over the past year (3.8%) exceeded the Metals and Mining industry -5.8%.
Return on Equity
High ROE: MND's Return on Equity (21.5%) is considered high.
Discover strong past performing companies
Financial Health
How is Mandalay Resources's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: MND's short term assets ($122.3M) exceed its short term liabilities ($105.9M).
Long Term Liabilities: MND's short term assets ($122.3M) exceed its long term liabilities ($32.9M).
Debt to Equity History and Analysis
Debt Level: MND has more cash than its total debt.
Reducing Debt: MND's debt to equity ratio has reduced from 28.2% to 21.7% over the past 5 years.
Debt Coverage: MND's debt is well covered by operating cash flow (216.1%).
Interest Coverage: MND's interest payments on its debt are well covered by EBIT (23.9x coverage).
Balance Sheet
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Dividend
What is Mandalay Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MND's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: MND is not paying a notable dividend for the Canadian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MND has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average management tenure
CEO
Dominic Duffy (45 yo)
4.08yrs
Tenure
US$1,236,333
Compensation
Mr. Dominic Duffy has been President, Chief Executive Officer and Non-Independent Director at Mandalay Resources Corporation since May 14, 2018. Mr. Duffy served as Chief Operating Officer at Mandalay Reso...
CEO Compensation Analysis
Compensation vs Market: Dominic's total compensation ($USD1.24M) is above average for companies of similar size in the Canadian market ($USD729.45K).
Compensation vs Earnings: Dominic's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: MND's management team is considered experienced (4.7 years average tenure).
Board Members
Experienced Board: MND's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MND insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mandalay Resources Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Mandalay Resources Corporation
- Ticker: MND
- Exchange: TSX
- Founded: 1997
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$258.254m
- Shares outstanding: 92.23m
- Website: https://www.mandalayresources.com
Number of Employees
Location
- Mandalay Resources Corporation
- 76 Richmond Street East
- Suite 330
- Toronto
- Ontario
- M5C 1P1
- Canada
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/29 00:00 |
End of Day Share Price | 2022/06/29 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.