Bradford Mills Sells 400,000 Shares of Mandalay Resources Corp. (TSE:MND) Stock

Mandalay Resources Corp. (TSE:MND) Director Bradford Mills sold 400,000 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of C$4.30, for a total transaction of C$1,720,000.00.

Mandalay Resources Stock Up 3.2 %

MND opened at C$4.15 on Friday. Mandalay Resources Corp. has a one year low of C$1.38 and a one year high of C$4.85. The company has a debt-to-equity ratio of 12.67, a quick ratio of 0.89 and a current ratio of 1.77. The stock has a market capitalization of C$386.37 million, a P/E ratio of 10.12 and a beta of 0.43. The business’s 50-day simple moving average is C$3.62 and its 200-day simple moving average is C$3.02.

Mandalay Resources (TSE:MND) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.15 EPS for the quarter. The company had revenue of C$75.43 million for the quarter. Mandalay Resources had a return on equity of 14.47% and a net margin of 13.58%. Analysts anticipate that Mandalay Resources Corp. will post 0.1480392 EPS for the current year.

About Mandalay Resources

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.