This article was originally published on this site
It was a tough day for Mandalay Resources Corporation (MND:CA) as its stock fell 6.9% to finish the day at $0.14 a share on September 11. That reduces the company’s market cap to 60.97 million on 451.6 million outstanding shares. Mandalay Resources Corporation is a component of the the S&P/TSX SmallCap Index.
555,450 shares exchanged hands over the course of the day as compared with an average daily volume of 171,132 over the last 30 days.
Mandalay Resources Corp is a mining company producing gold, silver, and antimony. It has mining properties at Australia, Chile, Sweden and exploration projects in Chile and Canada.. Mandalay Resources Corporation makes its home in Toronto, ON, and currently has CEO Mark V Sander at the helm.
The past 52 weeks have seen the stock trade in a range between a high of $0.35 and a low of $0.14, and it’s currently sporting a 50-day SMA of $0.18 and a 200-day SMA of $0.22. The current P/E ratio stands at 0, with a P/B ratio of 0.35.
Still paying commissions on stock trades? Equities.com now offers 100% commission free stock trading and flat-fee options trading for $89.95/month! Get started today by https://www.equities.com/trading
Mandalay Resources Corporation ($MND:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.
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 Equities.com’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.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer