tiprankstipranks
Trending News
More News >

Mandalay Resources Showcases Strong Q3 Financials

Story Highlights
Mandalay Resources Showcases Strong Q3 Financials

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

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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
1