Gmt Capital Corp Sells 116,500 Shares of Mandalay Resources Corp. (MND) Stock
Mandalay Resources Corp. (TSE:MND) insider Gmt Capital Corp sold 116,500 shares of the stock in a transaction that occurred on Friday, November 4th. The stock was sold at an average price of C$0.69, for a total transaction of C$80,385.00.
Gmt Capital Corp also recently made the following trade(s):
- On Monday, November 7th, Gmt Capital Corp sold 22,500 shares of Mandalay Resources Corp. stock. The stock was sold at an average price of C$0.68, for a total transaction of C$15,300.00.
Shares of Mandalay Resources Corp. (TSE:MND) opened at 0.92 on Thursday. The stock has a market capitalization of $414.63 million and a price-to-earnings ratio of 115.00. The company has a 50-day moving average of $0.99 and a 200 day moving average of $1.08. Mandalay Resources Corp. has a 12-month low of $0.59 and a 12-month high of $1.35.
Several equities analysts have recently weighed in on MND shares. Scotiabank reiterated an “outperform” rating and issued a C$1.45 price objective on shares of Mandalay Resources Corp. in a research note on Thursday, September 8th. Raymond James Financial Inc. lowered their price objective on shares of Mandalay Resources Corp. from C$1.40 to C$1.35 in a research note on Friday, September 23rd. Finally, Desjardins lowered their price objective 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. 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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