Mandalay Resources (OTCMKTS:MNDJF) Trading Down 3%

Mandalay Resources Co. (OTCMKTS:MNDJFGet Free Report)’s share price dropped 3% on Monday . The company traded as low as C$1.64 and last traded at C$1.64. Approximately 1,300 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 4,943 shares. The stock had previously closed at C$1.69.

Mandalay Resources Trading Up 5.7 %

The firm’s 50-day moving average price is C$1.60 and its 200-day moving average price is C$1.37.

About Mandalay Resources

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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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