Mandalay Resources (TSE:MND) Reaches New 1-Year Low at $1.56

Mandalay Resources Corp. (TSE:MNDGet Rating) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.56 and last traded at C$1.61, with a volume of 5000 shares trading hands. The stock had previously closed at C$1.65.

Mandalay Resources Stock Down 0.6 %

The company has a debt-to-equity ratio of 23.74, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market cap of C$151.28 million and a PE ratio of 3.30. The business has a fifty day moving average of C$2.32 and a 200-day moving average of C$2.87.

Mandalay Resources Company Profile

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Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of various mineral properties. It explores for gold, silver, and antimony deposits. The company holds a 100% interest in the Costerfield gold-antimony mine covering an area of 7,540.78 hectares (ha) located in Central Victoria, Australia; and the Bjorkdal gold mine that comprises 9 mining concessions and 19 exploration permits located in Vasterbotten County in northern Sweden.

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