Mandalay Resources (TSE:MND) has released an update.
Mandalay Resources announced a significant 35% increase in Q3 2024 revenue, reaching $55.3 million, alongside improved net income and cash flow. The company boasts a debt-free balance sheet with a cash balance of $54.7 million, reflecting strong financial health. These results stem from strategic financial management and high metal prices, positioning Mandalay well for future growth opportunities.
For further insights into TSE:MND stock, check out TipRanks’ Stock Analysis page.
