Mandalay Resources Corp. (MND) Given “Outperform” Rating at Scotiabank
MND has been the subject of a number of other research reports. Raymond James Financial Inc. cut their target price on shares of Mandalay Resources Corp. from C$1.40 to C$1.35 in a research note on Friday, September 23rd. Desjardins cut their target price on shares of Mandalay Resources Corp. from C$1.95 to C$1.70 in a research note on Tuesday, August 16th.
Mandalay Resources Corp. (TSE:MND) traded down 1.00% during trading on Thursday, reaching $0.99. 43,304 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $1.04 and its 200 day moving average price is $1.07. The firm has a market cap of $446.18 million and a P/E ratio of 123.75. Mandalay Resources Corp. has a 52-week low of $0.59 and a 52-week high of $1.35.
Mandalay Resources Corp. Company Profile
Mandalay Resources Corporation is a Canada-based mining company. The Company is engaged in the business of exploration, development and mining of natural resource properties. It holds interest in properties, such as Costerfield, Australia; Cerro Bayo, Chile, and Bjorkdal, Sweden. The Company also focuses on the undergoing mineral exploration and water supply development.
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