Mandalay Resources Financials

MND Stock  CAD 3.70  0.09  2.49%   
Please make use of analysis of Mandalay Resources Corp fundamentals to determine if markets are correctly pricing the entity. We were able to break down thirty-six available fundamentals for Mandalay Resources, which can be compared to its peers in the industry. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Mandalay Resources to be traded at C$4.44 in 90 days. Key indicators impacting Mandalay Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.180.1037
Way Up
Pretty Stable
Current Ratio2.632.5022
Sufficiently Up
Pretty Stable
  

Mandalay Resources Stock Summary

Mandalay Resources competes with North Arrow, International Tower, and Morien Resources. Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. Mandalay Resources Corporation was incorporated in 1997 and is headquartered in Toronto, Canada. MANDALAY RESOURCES operates under Gold classification in Canada and is traded on Toronto Stock Exchange.
Foreign Associate
  France
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA5625684025
Business Address76 Richmond Street
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitemandalayresources.com
Phone647 260 1566
CurrencyCAD - Canadian Dollar
You should never invest in Mandalay Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mandalay Stock, because this is throwing your money away. Analyzing the key information contained in Mandalay Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Mandalay Resources Key Financial Ratios

Mandalay Resources' financial ratios allow both analysts and investors to convert raw data from Mandalay Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Mandalay Resources over time and compare it to other companies across industries.

Mandalay Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets258.6M301.3M317.8M282.2M295.2M164.6M
Other Current Liab23.0M28.4M30.1M22.8M20.4M11.0M
Net Debt44.3M29.7M19.0M(14.4M)(3.9M)(3.7M)
Retained Earnings(82.1M)(71.7M)(16.8M)6.7M14.7M15.4M
Accounts Payable13.7M14.6M10.4M7.8M7.9M6.9M
Cash24.5M34.2M30.7M38.4M26.9M20.6M
Other Assets20.6M18.1M9.8M13.7M15.7M13.5M
Net Receivables11.9M17.3M43.0M13.2M26.2M13.4M
Other Current Assets13.0M9.8M13.8M3.2M2.1M2.0M
Total Liab146.8M165.5M141.2M98.1M98.3M67.5M
Total Current Assets61.6M85.6M114.3M84.3M79.8M49.8M
Common Stock229.8M230.0M230.4M231.2M231.5M169.0M
Inventory12.3M24.3M23.4M26.7M22.7M16.2M
Short Term Debt64.8M18.0M18.2M1.4M1.2M1.2M
Other Liab38.9M45.3M31.1M38.6M34.7M34.6M
Net Tangible Assets111.8M135.8M176.7M184.2M165.7M132.2M
Long Term Debt418K42.4M28.0M19.8M20.4M14.7M
Long Term Debt Total4.0M46.0M31.6M22.3M25.6M19.7M
Net Invested Capital175.0M178.2M204.7M203.9M217.3M211.8M
Net Working Capital(42.4M)11.3M35.9M47.1M47.9M50.3M
Capital Stock229.8M230.0M230.4M231.2M231.5M246.6M

Mandalay Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense3.0M6.0M3.9M2.9M2.1M2.0M
Operating Income(12.3M)53.9M67.0M45.0M19.3M9.7M
Ebit(12.3M)50.4M75.3M43.2M16.7M11.4M
Ebitda12.2M86.3M113.7M77.1M49.9M29.4M
Net Income(18.6M)9.3M54.9M23.5M7.9M8.3M
Income Tax Expense(1.4M)10.5M21.8M16.8M6.7M7.0M
Income Before Tax(20.0M)19.8M76.7M40.3M14.5M15.3M
Total Revenue107.8M179.0M229.4M191.7M173.3M159.3M
Gross Profit(368K)64.3M82.2M62.9M67.4M39.0M
Cost Of Revenue108.2M114.6M147.2M128.8M105.9M120.4M
Tax Provision(1.4M)10.5M21.8M16.8M6.7M8.1M
Interest Income5.7M30.2M2.7M6.2M1.7M1.6M
Net Interest Income(3.8M)(5.1M)(10.6M)(2.7M)(379K)(398.0K)

Mandalay Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash16.1M9.7M(3.5M)7.6M(11.5M)(10.9M)
Free Cash Flow(28.1M)16.7M13.9M40.4M1.6M1.3M
Other Non Cash Items5.7M4.9M9.2M(17.9M)6.8M4.6M
Capital Expenditures35.7M45.0M48.1M39.7M41.7M26.1M
Net Income(18.6M)9.3M54.9M23.5M7.9M8.3M
End Period Cash Flow24.5M34.2M30.7M38.4M26.9M18.9M
Depreciation24.5M50.4M8.3M33.9M25.9M21.8M
Change To Inventory1.5M(11.5M)(1.8M)(3.8M)4.1M4.3M
Net Borrowings12.7M(13.4M)(16.9M)(27.3M)(24.6M)(23.4M)
Change To Netincome(194K)31.5M747K204K183.6K174.4K
Investments(34.2M)(34.7M)272K(37.0M)(45.8M)(48.1M)

Mandalay Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mandalay Resources's current stock value. Our valuation model uses many indicators to compare Mandalay Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mandalay Resources competition to find correlations between indicators driving Mandalay Resources's intrinsic value. More Info.
Mandalay Resources Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  1.02  of Return On Asset per Return On Equity. At this time, Mandalay Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mandalay Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mandalay Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Mandalay Resources Corp Systematic Risk

Mandalay Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mandalay Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Mandalay Resources Corp correlated with the market. If Beta is less than 0 Mandalay Resources generally moves in the opposite direction as compared to the market. If Mandalay Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mandalay Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mandalay Resources is generally in the same direction as the market. If Beta > 1 Mandalay Resources moves generally in the same direction as, but more than the movement of the benchmark.

Mandalay Resources Corp Total Assets Over Time

Today, most investors in Mandalay Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mandalay Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mandalay Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.24)

At this time, Mandalay Resources' Price Earnings To Growth Ratio is very stable compared to the past year.

Mandalay Resources December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mandalay Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mandalay Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mandalay Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Mandalay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mandalay Resources's daily price indicators and compare them against related drivers.

Other Information on Investing in Mandalay Stock

Mandalay Resources financial ratios help investors to determine whether Mandalay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mandalay with respect to the benefits of owning Mandalay Resources security.