MND Stock Overview Engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. More details
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Add noteMandalay Resources Corporation Competitors Price History & Performance
Summary of share price highs, lows and changes for Mandalay Resources Historical stock prices Current Share Price CA$4.67 52 Week High CA$4.92 52 Week Low CA$1.38 Beta 0.40 1 Month Change 10.40% 3 Month Change 37.76% 1 Year Change 217.69% 3 Year Change 75.56% 5 Year Change 367.00% Change since IPO -87.38%
Recent News & Updates See more updates Mandalay Intercepts 578 g/t Gold and 20% Antimony over 0.47 Metres at True Blue, a Potential Costerfield Mine Extension
Mandalay Resources Corporation Reaffirms Consolidated Production Guidance for the Year 2024; Provides Consolidated Production Guidance for the Year 2025 Dec 18
Mandalay Resources Corporation to Report Q4, 2024 Results on Feb 20, 2025 Dec 17
Investors Still Aren't Entirely Convinced By Mandalay Resources Corporation's (TSE:MND) Earnings Despite 28% Price Jump Dec 11
Insider recently sold CA$382k worth of stock Dec 06
Investor sentiment improves as stock rises 16% Dec 03
Mandalay Resources' (TSE:MND) Solid Earnings Are Supported By Other Strong Factors Nov 15
Third quarter 2024 earnings released: EPS: US$0.057 (vs US$0.044 in 3Q 2023) Nov 08
Mandalay Resources Corporation to Report Q3, 2024 Results on Nov 06, 2024 Nov 05
Mandalay Resources Corporation Appoints John Jentz as Independent Director Oct 17
Mandalay Resources Corporation Reaffirms Production Guidance for 2024 Oct 11
Investor sentiment improves as stock rises 17% Sep 13
Is Mandalay Resources (TSE:MND) A Risky Investment? Sep 12
Mandalay Resources Corporation Announces Board Changes Aug 30
Second quarter 2024 earnings released: EPS: US$0.17 (vs US$0.006 in 2Q 2023) Aug 09
Mandalay Resources Corporation to Report Q2, 2024 Results on Aug 07, 2024 Aug 01
Lead Independent Director recently sold CA$490k worth of stock Jul 17
Investor sentiment improves as stock rises 18% Jul 11
Mandalay Resources Corporation Intercepts Gold At Two Highly Prospective Targets Near the Björkdal Mine, Sweden Jun 06
Insufficient new directors Jun 02
First quarter 2024 earnings released: EPS: US$0.063 (vs US$0.006 in 1Q 2023) May 09
Mandalay Resources Corporation to Report Q1, 2024 Results on May 08, 2024 May 08
Mandalay Resources Corporation Extends the Storheden Gold Deposit Adjacent to the Operating Bjorkdal Mine Apr 24
Mandalay Resources Corporation's (TSE:MND) 60% Share Price Surge Not Quite Adding Up Apr 24
Investor sentiment improves as stock rises 17% Apr 02
Mandalay Resources Corporation, Annual General Meeting, May 28, 2024 Mar 23
New minor risk - Earnings quality Feb 26
Full year 2023 earnings released: EPS: US$0.085 (vs US$0.26 in FY 2022) Feb 23
Mandalay Resources Corporation to Report Q4, 2023 Results on Feb 22, 2024 Feb 16
New minor risk - Market cap size Feb 14 Mandalay Resources Corporation Appoints Hashim Ahmed as Chief Financial Officer, Effective March 1, 2024
Investors Will Want Mandalay Resources' (TSE:MND) Growth In ROCE To Persist Jan 30
Now 28% undervalued after recent price drop Jan 29
Mandalay Resources Corporation Provides Consolidated Production Guidance for 2024 Jan 18
Third quarter 2023 earnings released: EPS: US$0.044 (vs US$0.10 in 3Q 2022) Nov 11
Mandalay Resources Corporation to Report Q3, 2023 Results on Nov 08, 2023 Nov 07
Mandalay Resources Corporation Appoints Scott Trebilcock as Executive Vice President and Chief Development Officer Nov 02
Here's Why Mandalay Resources (TSE:MND) Has A Meaningful Debt Burden Oct 24
Investor sentiment deteriorates as stock falls 19% Oct 23
Mandalay Resources Corporation Updates Production Guidance for 2023 Oct 14
There's Been No Shortage Of Growth Recently For Mandalay Resources' (TSE:MND) Returns On Capital Oct 04
Investor sentiment improves as stock rises 20% Sep 12
New minor risk - Market cap size Aug 20
Investor sentiment deteriorates as stock falls 16% Aug 18
New minor risk - Earnings quality Aug 14
Second quarter 2023 earnings released: EPS: US$0.006 (vs US$0.029 in 2Q 2022) Aug 13
Mandalay Resources Corporation to Report Q2, 2023 Results on Aug 09, 2023 Aug 04
Mandalay Resources Corporation Receives Mining Permit on Eastern Extension Zone, Bjorkdal Mine Jul 23
Mandalay Resources Reports Encouraging Near-Mine Exploration Results from the Eastern Extension and North Zone Drilling Programs Jul 21
Mandalay Resources Corporation Revises Production Guidance for 2023 Jul 14
Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet? Jul 12
Investor sentiment deteriorates as stock falls 18% Jun 16
Mandalay Resources (TSE:MND) Is Doing The Right Things To Multiply Its Share Price Jun 15
First quarter 2023 earnings released: EPS: US$0.006 (vs US$0.11 in 1Q 2022) May 12
Mandalay Resources Corporation to Report Q1, 2023 Results on May 10, 2023 May 09
Investor sentiment deteriorates as stock falls 17% Mar 17
Full year 2022 earnings released: EPS: US$0.26 (vs US$0.60 in FY 2021) Feb 26
Mandalay Resources Corporation Provides Consolidated Production Guidance for the Full Year 2023 Jan 14
President recently sold CA$330k worth of stock Dec 27
Investor sentiment improved over the past week Dec 09 Mandalay Resources Corporation Announces Executive Changes
Insufficient new directors Nov 16
Third quarter 2022 earnings released: EPS: US$0.10 (vs US$0.10 in 3Q 2021) Nov 11
Mandalay Resources Corporation to Report Q3, 2022 Results on Nov 09, 2022 Nov 08
Mandalay Resources Corporation Revises Consolidated Production Guidance for the Full Year of 2022 Oct 15
Investor sentiment improved over the past week Oct 04
Under The Bonnet, Mandalay Resources' (TSE:MND) Returns Look Impressive Oct 04
Investor sentiment deteriorated over the past week Sep 15
Mandalay Resources Corporation Provides an Exploration Update on Shepherd and the Newly Discovered Kendal Extension Sep 14
Mandalay Resources (TSE:MND) Seems To Use Debt Quite Sensibly Aug 23
Investor sentiment deteriorated over the past week Aug 22
Aftermath Silver Ltd. (OTCPK:FLMZ.F) completed the acquisition of Minera Mandalay Limitada from Mandalay Resources Corporation (TSX:MND). Aug 12
Second quarter 2022 earnings released: EPS: US$0.029 (vs US$0.052 in 2Q 2021) Aug 11
Mandalay Resources Corporation to Report Q2, 2022 Results on Aug 10, 2022 Aug 09
Insufficient new directors Aug 01
Investor sentiment improved over the past week Jul 29
Investor sentiment deteriorated over the past week Jul 14
Insufficient new directors Jul 02
Investor sentiment deteriorated over the past week Jun 24
Mandalay Resources Corporation Confirms Excellent Results from Its Björkdal Eastward Mine Extension Drilling and Reports Encouraging Results from the North Zone Drilling Program Jun 22
Why We Like The Returns At Mandalay Resources (TSE:MND) Jun 18 Mandalay Resources Corporation Intersects 1,780 g/t Gold Over 0.17 m in Its Costerfield Regional Drilling Program at the Robinson Prospect
First quarter 2022 earnings released: EPS: US$0.11 (vs US$0.28 in 1Q 2021) May 13
Mandalay Resources (TSE:MND) Has A Pretty Healthy Balance Sheet May 11 Mandalay Resources Corporation to Report Q1, 2022 Results on May 11, 2022 May 10
Mandalay Resources Corporation, Annual General Meeting, May 25, 2022 Apr 22
Lead Independent Director recently sold CA$108k worth of stock Mar 21
Investor sentiment deteriorated over the past week Mar 18
Mandalay Resources Corporation (TSE:MND) Held Back By Insufficient Growth Even After Shares Climb 26% Mar 07
Mandalay Resources (TSE:MND) Is Investing Its Capital With Increasing Efficiency Mar 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Feb 27 Shareholder Returns MND CA Metals and Mining CA Market 7D -0.2% -0.2% -0.1% 1Y 217.7% 42.4% 16.7%
See full shareholder returns
Return vs Market: MND exceeded the Canadian Market which returned 16.6% over the past year.
Price Volatility Is MND's price volatile compared to industry and market? MND volatility MND Average Weekly Movement 7.3% Metals and Mining Industry Average Movement 10.5% Market Average Movement 8.5% 10% most volatile stocks in CA Market 18.3% 10% least volatile stocks in CA Market 3.0%
Stable Share Price: MND has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: MND's weekly volatility (7%) has been stable over the past year.
About the Company 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.
Show more Mandalay Resources Corporation Fundamentals Summary How do Mandalay Resources's earnings and revenue compare to its market cap? MND fundamental statistics Market cap CA$438.56m Earnings (TTM ) CA$42.25m Revenue (TTM ) CA$318.07m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) MND income statement (TTM ) Revenue US$224.44m Cost of Revenue US$103.94m Gross Profit US$120.50m Other Expenses US$90.69m Earnings US$29.81m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 20, 2025
Earnings per share (EPS) 0.32 Gross Margin 53.69% Net Profit Margin 13.28% Debt/Equity Ratio 2.7%
How did MND perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/16 09:28 End of Day Share Price 2025/02/14 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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 .
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Analyst Sources Mandalay Resources Corporation is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Brian Quast BMO Capital Markets Equity Research Michael Parkin Desjardins Securities Inc. Benjamin Asuncion Haywood Securities Inc.
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