Mandalay Resources (TSE:MND) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$55.3m (up 35% from 3Q 2023).

• Net income: US$5.35m (up 32% from 3Q 2023).

• Profit margin: 9.7% (in line with 3Q 2023).

• EPS: US$0.057 (up from US$0.044 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mandalay Resources Earnings Insights

Looking ahead, revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 16%.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 2.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Mandalay Resources' balance sheet and an in-depth analysis of the company's financial position.

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