Mandalay Resources Corporation (MND:CA) Rises 6.61% for September 20

Equities Staff  |

September 20 was a positive day for Mandalay Resources Corporation (MND:CA) as its stock finished the day having gained 6.61% to hit a price of $1.29 a share. The company reached a market cap of 117.45 million and has 91.05 million shares outstanding. Mandalay Resources Corporation is a component of the the S&P/TSX SmallCap Index.

174,050 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Mandalay Resources Corporation.

Mandalay Resources Corp is a Canadian-based natural resource company. It is a gold, silver and antimony producer engaged in mining and related activities including acquisition, exploration, extraction, processing and reclamation in Australia, Chile, Canada and Sweden. Its assets consist of the Costerfield gold and antimony mine in Australia, the Cerro Bayo silver and gold mine in Chile, the Bjorkdal gold mine in Sweden, as well as other exploration projects in Chile and Canada.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Dominic Duffy.

Mandalay Resources Corporation has hit a high of $1.65 and reached a low of $0.45 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.74.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Mandalay Resources Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: MND:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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