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Mandalay Resources TSX:MND Stock Report

Last Price

CA$2.30

Market Cap

CA$214.0m

7D

2.7%

1Y

-7.3%

Updated

18 Apr, 2024

Data

Company Financials +

Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$214.0m

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 Growth3/6
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$2.30
52 Week HighCA$2.57
52 Week LowCA$1.30
Beta0.60
1 Month Change53.33%
3 Month Change19.79%
1 Year Change-7.26%
3 Year Change9.52%
5 Year Change130.00%
Change since IPO-93.78%

Recent News & Updates

Recent updates

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)

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

Shareholder Returns

MNDCA Metals and MiningCA Market
7D2.7%-1.0%-1.9%
1Y-7.3%-4.9%3.7%

Return vs Industry: MND underperformed the Canadian Metals and Mining industry which returned -5.9% over the past year.

Return vs Market: MND underperformed 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 Movement9.2%
Metals and Mining Industry Average Movement11.5%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: MND's weekly volatility (9%) 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$214.00m
Earnings (TTM)CA$10.82m
Revenue (TTM)CA$238.66m

19.8x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MND income statement (TTM)
RevenueUS$173.34m
Cost of RevenueUS$105.92m
Gross ProfitUS$67.42m
Other ExpensesUS$59.56m
EarningsUS$7.86m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.084
Gross Margin38.89%
Net Profit Margin4.53%
Debt/Equity Ratio10.7%

How did MND perform over the long term?

See historical performance and comparison
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