Mandalay Resources Co. (OTCMKTS:MNDJF – Get Free Report) shares were down 3.3% on Tuesday . The stock traded as low as C$3.25 and last traded at C$3.29. Approximately 28,243 shares changed hands during trading, an increase of 74% from the average daily volume of 16,278 shares. The stock had previously closed at C$3.40.
Mandalay Resources Price Performance
The business’s fifty day moving average price is C$3.05 and its 200-day moving average price is C$2.64.
About Mandalay Resources
Mandalay Resources Corporation, together with its subsidiaries, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Canada, Australia, Sweden, and Chile. It explores for gold, silver, and antimony deposits, as well as other base metal. The company primarily holds 100% interests in the Costerfield gold-antimony mine covering an area of 1,219 hectares located in Victoria, Australia; and the Björkdal gold mine covering an area of 12,949 located in Skelleftea, Sweden.
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