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Mandalay Resources TSX:MND Stock Report

Last Price

CA$2.60

Market Cap

CA$242.0m

7D

9.2%

1Y

51.2%

Updated

10 Aug, 2024

Data

Company Financials +

Mandalay Resources Corporation

TSX:MND Stock Report

Market Cap: CA$242.0m

MND Stock Overview

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

MND fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Mandalay Resources Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mandalay Resources
Historical stock prices
Current Share PriceCA$2.60
52 Week HighCA$2.67
52 Week LowCA$1.30
Beta0.41
11 Month Change1.96%
3 Month Change11.59%
1 Year Change51.16%
33 Year Change-3.70%
5 Year Change114.88%
Change since IPO-92.97%

Recent News & Updates

Recent updates

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

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

Nov 07
Does Mandalay Resources (TSE:MND) Have A Healthy Balance Sheet?

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

Jul 21
Is Mandalay Resources (TSE:MND) A Risky Investment?

Shareholder Returns

MNDCA Metals and MiningCA Market
7D9.2%-3.6%-0.4%
1Y51.2%2.0%8.0%

Return vs Industry: MND exceeded the Canadian Metals and Mining industry which returned 2.5% over the past year.

Return vs Market: MND exceeded the Canadian Market which returned 8.1% over the past year.

Price Volatility

Is MND's price volatile compared to industry and market?
MND volatility
MND Average Weekly Movement6.4%
Metals and Mining Industry Average Movement10.0%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.2%

Stable Share Price: MND has not had significant price volatility in the past 3 months.

Volatility Over Time: MND's weekly volatility (6%) 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$242.02m
Earnings (TTM)CA$39.17m
Revenue (TTM)CA$288.42m

6.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MND income statement (TTM)
RevenueUS$210.06m
Cost of RevenueUS$102.27m
Gross ProfitUS$107.79m
Other ExpensesUS$79.26m
EarningsUS$28.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin51.31%
Net Profit Margin13.58%
Debt/Equity Ratio11.9%

How did MND perform over the long term?

See historical performance and comparison
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