Mandalay Resources Corp. (MND) Insider Gmt Capital Corp Acquires 144,300 Shares

Mandalay Resources Corp. (TSE:MND) insider Gmt Capital Corp bought 144,300 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The stock was purchased at an average price of C$0.29 per share, with a total value of C$41,847.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Tuesday, August 15th, Gmt Capital Corp bought 44,000 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.28 per share, with a total value of C$12,320.00.
  • On Monday, August 14th, Gmt Capital Corp bought 1,500 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.28 per share, with a total value of C$420.00.
  • On Friday, August 11th, Gmt Capital Corp bought 3,300 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.28 per share, with a total value of C$924.00.
  • On Wednesday, August 9th, Gmt Capital Corp bought 27,400 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.29 per share, with a total value of C$7,946.00.
  • On Tuesday, August 8th, Gmt Capital Corp bought 6,100 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.29 per share, with a total value of C$1,769.00.
  • On Tuesday, August 1st, Gmt Capital Corp bought 7,100 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.31 per share, with a total value of C$2,201.00.
  • On Monday, July 31st, Gmt Capital Corp bought 38,400 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.31 per share, with a total value of C$11,904.00.
  • On Friday, July 28th, Gmt Capital Corp bought 26,500 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.31 per share, with a total value of C$8,215.00.
  • On Wednesday, July 26th, Gmt Capital Corp bought 32,300 shares of Mandalay Resources Corp. stock. The stock was purchased at an average price of C$0.29 per share, with a total value of C$9,367.00.
  • On Tuesday, July 25th, Gmt Capital Corp acquired 16,500 shares of Mandalay Resources Corp. stock. The stock was bought at an average price of C$0.29 per share, with a total value of C$4,785.00.

Shares of Mandalay Resources Corp. (TSE MND) opened at 0.36 on Friday. The firm has a 50-day moving average price of $0.36 and a 200 day moving average price of $0.55. The company’s market cap is $162.46 million. Mandalay Resources Corp. has a 12 month low of $0.32 and a 12 month high of $1.15.

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Several brokerages have weighed in on MND. Desjardins upgraded Mandalay Resources Corp. from a “hold” rating to a “buy” rating in a research report on Monday, May 15th. Scotiabank downgraded Mandalay Resources Corp. from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$0.90 to C$0.70 in a research report on Thursday, May 11th. Finally, Raymond James Financial, Inc. downgraded Mandalay Resources Corp. from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from C$0.70 to C$0.55 in a research report on Friday, June 23rd.

Mandalay Resources Corp. Company Profile

Mandalay Resources Corporation acquires, explores for, extracts, processes, and reclaims mineral properties in Australia, Chile, and Sweden. It explores for gold, silver, and antimony deposits. The company holds 100% interests in the Costerfield gold-antimony mine covering an area of 7,540.78 hectares located in the state of Victoria, Australia; and Cerro Bayo silver-gold mine covering 29,495 hectares of exploitation concessions and 45 hectares of exploration concessions in the Cerro Bayo district, Chile.

Insider Buying and Selling by Quarter for Mandalay Resources Corp. (TSE:MND)

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