Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$454.0m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Mandalay Resources Future Growth

Future criteria checks 1/6

Mandalay Resources's revenue is forecast to decline at 2.9% per annum. EPS is expected to grow by 4.9% per annum.

Key information

n/a

Earnings growth rate

4.95%

EPS growth rate

Metals and Mining earnings growth17.8%
Revenue growth rate-2.9%
Future return on equity35.03%
Analyst coverage

Low

Last updated28 Jul 2025

Recent future growth updates

Recent updates

User avatar
New Narrative Mar 15

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.
Analysis Article Dec 11

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

Despite an already strong run, Mandalay Resources Corporation ( TSE:MND ) shares have been powering on, with a gain of...
Analysis Article Nov 15

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

Mandalay Resources Corporation ( TSE:MND ) just reported healthy earnings but the stock price didn't move much. We...
Analysis Article Sep 12

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 24

Mandalay Resources Corporation's (TSE:MND) 60% Share Price Surge Not Quite Adding Up

Mandalay Resources Corporation ( TSE:MND ) shareholders would be excited to see that the share price has had a great...
Analysis Article Jan 30

Investors Will Want Mandalay Resources' (TSE:MND) Growth In ROCE To Persist

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Oct 24

Here's Why Mandalay Resources (TSE:MND) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 04

There's Been No Shortage Of Growth Recently For Mandalay Resources' (TSE:MND) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Jul 12

Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 15

Mandalay Resources (TSE:MND) Is Doing The Right Things To Multiply Its Share Price

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Oct 04

Under The Bonnet, Mandalay Resources' (TSE:MND) Returns Look Impressive

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article Aug 23

Mandalay Resources (TSE:MND) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Earnings and Revenue Growth Forecasts

TSX:MND - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20272425866992
12/31/2026237N/A971271
12/31/2025234N/A781361
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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MND's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if MND's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if MND's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MND's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: MND's revenue is forecast to decline over the next 3 years (-2.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MND's Return on Equity is forecast to be high in 3 years time (35%)


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/05 04:12
End of Day Share Price 2025/08/01 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.