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Mandalay Resources TSX:MND Stock Report

Last Price

CA$4.19

Market Cap

CA$393.5m

7D

4.2%

1Y

129.0%

Updated

26 Dec, 2024

Data

Company Financials +

Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$393.5m

MND Stock Overview

Engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. More details

MND fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Mandalay Resources Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mandalay Resources
Historical stock prices
Current Share PriceCA$4.19
52 Week HighCA$4.85
52 Week LowCA$1.38
Beta0.38
1 Month Change21.45%
3 Month Change28.53%
1 Year Change128.96%
3 Year Change82.17%
5 Year Change274.11%
Change since IPO-88.68%

Recent News & 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

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

Shareholder Returns

MNDCA Metals and MiningCA Market
7D4.2%2.5%1.7%
1Y129.0%18.8%16.1%

Return vs Industry: MND exceeded the Canadian Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: MND exceeded the Canadian Market which returned 16.3% over the past year.

Price Volatility

Is MND's price volatile compared to industry and market?
MND volatility
MND Average Weekly Movement7.0%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.0%

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

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$393.48m
Earnings (TTM)CA$42.81m
Revenue (TTM)CA$322.32m

9.2x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MND income statement (TTM)
RevenueUS$224.44m
Cost of RevenueUS$103.94m
Gross ProfitUS$120.50m
Other ExpensesUS$90.69m
EarningsUS$29.81m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 20, 2025

Earnings per share (EPS)0.32
Gross Margin53.69%
Net Profit Margin13.28%
Debt/Equity Ratio2.7%

How did MND perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:19
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.