Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$482.4m

Mandalay Resources Future Growth

Future criteria checks 0/6

Mandalay Resources's revenue and earnings are forecast to decline at 3.9% and 0.08% per annum respectively. EPS is expected to decline by 0.4% per annum. Return on equity is forecast to be 19% in 3 years.

Key information

-0.08%

Earnings growth rate

-0.41%

EPS growth rate

Metals and Mining earnings growth24.2%
Revenue growth rate-3.9%
Future return on equity19.01%
Analyst coverage

Low

Last updated08 May 2025

Recent future growth updates

Recent updates

author-image

Exploration Successes At Costerfield And Björkdal Will Boost Future Production

Emphasis on high-margin production and cost efficiency is set to improve earnings stability and net margins over time.

Investors Still Aren't Entirely Convinced By Mandalay Resources Corporation's (TSE:MND) Earnings Despite 28% Price Jump

Dec 11
Investors Still Aren't Entirely Convinced By Mandalay Resources Corporation's (TSE:MND) Earnings Despite 28% Price Jump

Mandalay Resources' (TSE:MND) Solid Earnings Are Supported By Other Strong Factors

Nov 15
Mandalay Resources' (TSE:MND) Solid Earnings Are Supported By Other Strong Factors

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

Sep 12
Is Mandalay Resources (TSE:MND) A Risky Investment?

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)

Earnings and Revenue Growth Forecasts

TSX:MND - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20272385266992
12/31/202625684821132
12/31/202526865501081
3/31/20252635763111N/A
12/31/20242414868113N/A
9/30/2024224304989N/A
6/30/2024210293173N/A
3/31/2024187131965N/A
12/31/20231738243N/A
9/30/20231646649N/A
6/30/2023169111152N/A
3/31/2023180141452N/A
12/31/2022192244080N/A
9/30/2022223383777N/A
6/30/2022230383577N/A
3/31/2022231404187N/A
12/31/2021229551462N/A
9/30/202120254960N/A
6/30/2021199463080N/A
3/31/2021190381765N/A
12/31/202017991762N/A
9/30/2020156-121657N/A
6/30/2020135-14-731N/A
3/31/2020119-21-2216N/A
12/31/2019108-19-288N/A
9/30/2019108-44-44-6N/A
6/30/2019101-50-47-6N/A
3/31/2019102-64-411N/A
12/31/2018112-64N/A20N/A
9/30/2018128-55N/A29N/A
6/30/2018141-55N/A36N/A
3/31/2018157-42N/A39N/A
12/31/2017163-43N/A27N/A
9/30/2017157-45N/A28N/A
6/30/2017170-37N/A34N/A
3/31/2017180-24N/A47N/A
12/31/2016186-20N/A47N/A
9/30/20161972N/A54N/A
6/30/20161923N/A53N/A
3/31/20161884N/A52N/A
12/31/201519515N/A66N/A
9/30/201521825N/A67N/A
6/30/201520923N/A69N/A
3/31/201520324N/A62N/A
12/31/201418518N/A47N/A
9/30/201415714N/A52N/A
6/30/201417226N/A52N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MND's earnings are forecast to decline over the next 3 years (-0.08% per year).

Earnings vs Market: MND's earnings are forecast to decline over the next 3 years (-0.08% per year).

High Growth Earnings: MND's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MND's revenue is expected to decline over the next 3 years (-3.9% per year).

High Growth Revenue: MND's revenue is forecast to decline over the next 3 years (-3.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MND's Return on Equity is forecast to be low in 3 years time (19%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 04:45
End of Day Share Price 2025/06/06 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

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.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Michael ParkinDesjardins Securities Inc.
Benjamin AsuncionHaywood Securities Inc.