Mandalay Resources Co. (OTCMKTS:MNDJF – Get Free Report) dropped 3.3% during mid-day trading on Tuesday . The stock traded as low as C$3.25 and last traded at C$3.29. Approximately 28,243 shares were traded during mid-day 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 Trading Down 3.3 %
The business has a fifty day moving average of C$3.05 and a 200-day moving average of C$2.64.
Mandalay Resources Company Profile
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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