Mandalay Resources Co. (OTCMKTS:MNDJF – Get Free Report)’s share price was up 5.7% during mid-day trading on Friday . The stock traded as high as C$3.93 and last traded at C$3.92. Approximately 631,813 shares traded hands during mid-day trading, an increase of 2,115% from the average daily volume of 28,528 shares. The stock had previously closed at C$3.71.
Mandalay Resources Stock Performance
The firm has a 50 day moving average price of C$3.92 and a two-hundred day moving average price of C$3.82.
About Mandalay Resources
Mandalay Resources is a Canadian-based mineral resource company engaged in the acquisition, exploration, development and operation of precious and base metal assets. The company focuses on sustainably mining gold, silver and antimony in stable jurisdictions, leveraging underground mechanized methods and conventional processing technologies. Mandalay’s strategy centers on operating cash‐generative mines while advancing exploration and development projects to extend resource life and unlock value.
The company’s primary producing assets include the Costerfield gold–antimony mine in Victoria, Australia, and the Björkdal gold mine in Sweden.
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