Analyst Activity – Scotiabank Lowers Its Price Target On Mandalay Resources Corp. (TSE:MND) to C$0.95

Analyst Ratings For Mandalay Resources Corp. (TSE:MND)

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Today, Scotiabank lowered its price target on Mandalay Resources Corp. (TSE:MND) to C$0.95 per share.

There are 1 hold rating, 3 buy ratings on the stock.

The current consensus rating on Mandalay Resources Corp. (TSE:MND) is Buy (Score: 2.75) with a consensus target price of C$1.04 per share, a potential .

Some recent analyst ratings include

  • 2/17/2017-Desjardins was Downgraded by analysts at Desjardins from a “Buy ” rating to a ” Hold” rating.
  • 2/17/2017-Raymond James Financial, Inc. Reiterated Rating of Outperform.


    About Mandalay Resources Corp. (TSE:MND)
    Mandalay Resources Corporation is a Canada-based mining company. The Company is engaged in the business of exploration, development and mining of natural resource properties. It holds interest in properties, such as Costerfield, Australia; Cerro Bayo, Chile, and Bjorkdal, Sweden. The Company also focuses on the undergoing mineral exploration and water supply development. It is engaged in developing new exploration projects based on surface mapping, sampling and geophysics. In addition, the Company owns and develops Challacollo, which is a silver-gold project located in Region I (Tarapaca) of Chile, approximately 130 kilometers southeast of the port city of Iquique. Its Cerro Bayo is a producer of silver (Ag) and gold (Au), located in the Cerro Bayo district, Region XI, Chile. Its Bjorkdal project is a gold mine located in northern Sweden. Its Costerfield is a gold-antimony mine, located approximately 100 kilometers northwest of Melbourne, Victoria.

    Recent Trading Activity for Mandalay Resources Corp. (TSE:MND)
    Shares of Mandalay Resources Corp. closed the previous trading session at 0.720 down -0.040 -5.26% with 449,916 shares trading hands.

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