Shares of Mandalay Resources Co. (OTCMKTS:MNDJF – Get Free Report) dropped 0.9% on Wednesday . The company traded as low as C$2.28 and last traded at C$2.28. Approximately 6,701 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 6,145 shares. The stock had previously closed at C$2.30.
Mandalay Resources Stock Up 2.7 %
The business has a 50 day moving average price of C$2.26 and a two-hundred day moving average price of C$1.86.
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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