Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$453.6m

Mandalay Resources Past Earnings Performance

Past criteria checks 6/6

Mandalay Resources has been growing earnings at an average annual rate of 22%, while the Metals and Mining industry saw earnings growing at 21.6% annually. Revenues have been growing at an average rate of 7.3% per year. Mandalay Resources's return on equity is 20.8%, and it has net margins of 19.8%.

Key information

22.0%

Earnings growth rate

22.1%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth rate7.3%
Return on equity20.8%
Net Margin19.8%
Last Earnings Update31 Dec 2024

Recent past performance updates

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

Recent updates

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)

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

Revenue & Expenses Breakdown

How Mandalay Resources makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:MND Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2424148100
30 Sep 242243090
30 Jun 242102980
31 Mar 241871370
31 Dec 23173880
30 Sep 23164680
30 Jun 231691190
31 Mar 231801480
31 Dec 221922470
30 Sep 222233870
30 Jun 222303870
31 Mar 222314070
31 Dec 212295560
30 Sep 212025460
30 Jun 211994660
31 Mar 211903860
31 Dec 20179970
30 Sep 20156-1260
30 Jun 20135-1460
31 Mar 20119-2160
31 Dec 19108-1960
30 Sep 19108-44160
30 Jun 19101-50160
31 Mar 19102-64170
31 Dec 18112-64170
30 Sep 18128-55200
30 Jun 18141-55210
31 Mar 18157-42210
31 Dec 17163-43210
30 Sep 17157-4590
30 Jun 17170-37100
31 Mar 17180-24100
31 Dec 16186-20100
30 Sep 161972120
30 Jun 161923110
31 Mar 161884100
31 Dec 1519515100
30 Sep 1521825110
30 Jun 1520923120
31 Mar 1520324120
31 Dec 1418518130
30 Sep 1415714100
30 Jun 1417226100
31 Mar 141632490

Quality Earnings: MND has high quality earnings.

Growing Profit Margin: MND's current net profit margins (19.8%) are higher than last year (4.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MND has become profitable over the past 5 years, growing earnings by 22% per year.

Accelerating Growth: MND's earnings growth over the past year (507.6%) exceeds its 5-year average (22% per year).

Earnings vs Industry: MND earnings growth over the past year (507.6%) exceeded the Metals and Mining industry 35.5%.

Return on Equity

High ROE: MND's Return on Equity (20.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 05:10
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
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.