Mandalay Resources Showcases Strong Q3 Financials
Company Announcements

Mandalay Resources Showcases Strong Q3 Financials

Story Highlights

Mandalay Resources (TSE:MND) has released an update.

Mandalay Resources reported a solid third quarter in 2024 with a $55 million cash balance, 20,323 gold equivalent ounces produced, and a full repayment of their $20 million credit facility. Despite lower production in Q3, the company expects a strong Q4 rebound and reaffirms their yearly goal of 90,000 to 100,000 gold equivalent ounces.

For further insights into TSE:MND stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMandalay Resources Reports Strong Q3 Growth and Debt-Free Status
TipRanks Canadian Auto-Generated NewsdeskMandalay Resources to Announce Q3 2024 Financials
TipRanks Canadian Auto-Generated NewsdeskMandalay Resources Strengthens Board with New Appointment
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App