Mandalay Resources Corporation

Mandalay Resources Corporationverified

MND.TO

Price:

$5.11

Market Cap:

$351.30M

Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. It explores for gold, silver, and antimony deposits. The company primarily holds 100% interests in the Costerfield gold-antimony mine located in Central Victoria, Australia; and the Björkdal gold mine located in Västerbotten County in northern Sweden. The company was incorporated in 1997 and is headquartered in Toronto, Canada.

Industry

Gold

IPO Date

2006-06-13

Stock Exchange

TSX

Ticker

MND.TO

The ROE as of December 2025 (TTM) for Mandalay Resources Corporation (MND.TO) is 24.45%

According to Mandalay Resources Corporation’s latest financial reports and current stock price. The company's current ROE is 24.45%. This represents a change of 298.41% compared to the average of 6.14% of the last 4 quarters.

Mandalay Resources Corporation (MND.TO) Historical ROE (quarterly & annually)

How has MND.TO ROE performed in the past?

The mean historical ROE of Mandalay Resources Corporation over the last ten years is -3.62%. The current 24.45% ROE has changed -776.07% with respect to the historical average. Over the past ten years (40 quarters), MND.TO's ROE was at its highest in in the March 2021 quarter at 16.58%. The ROE was at its lowest in in the December 2018 quarter at -32.56%.

Quarterly (TTM)
Annual

Average

-3.62%

Median

5.42%

Minimum

-66.28%

Maximum

31.06%

Mandalay Resources Corporation (MND.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Mandalay Resources Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 421.88%

Maximum Annual ROE = 31.06%

Minimum Annual Increase = -241.13%

Minimum Annual ROE = -66.28%

Quarterly (TTM)
Annual
YearROEChange
202420.83%421.88%
20233.99%-68.73%
202212.76%-58.90%
202131.06%353.03%
20206.86%-141.08%
2019-16.69%-74.82%
2018-66.28%156.91%
2017-25.80%158.88%
2016-9.97%-241.13%
20157.06%-12.11%

Mandalay Resources Corporation (MND.TO) Average ROE

How has MND.TO ROE performed in the past?

The current ROE of Mandalay Resources Corporation (MND.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

12.53%

5-year avg

15.10%

10-year avg

-3.62%

Mandalay Resources Corporation (MND.TO) ROE vs. Peers

How is MND.TO’s ROE compared to its peers?

Mandalay Resources Corporation’s ROE is less than Lumina Gold Corp. (145.17%), greater than Snowline Gold Corp. (-68.30%), greater than Nouveau Monde Graphite Inc. (-17.07%), greater than Marathon Gold Corporation (-2.89%), greater than Collective Mining Ltd. (-90.87%), greater than AbraSilver Resource Corp. (-74.40%), greater than Osino Resources Corp. (-620.50%), less than Argonaut Gold Inc. (7.58%), greater than Copper Mountain Mining Corporation (-15.04%), greater than SolGold Plc (-14.93%),

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