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Mandalay Resoruces (TSE:MND) declared a Quarterly dividend on Wednesday, May 14th, Stock Ratings reports. Investors of record on Monday, May 26th will be given a dividend of 0.0067 per share on Monday, May 26th. This represents a yield of 2.71%. The ex-dividend date of this dividend is Wednesday, May 14th.

Several analysts have recently commented on the stock. Analysts at Haywood Securities raised their price target on shares of Mandalay Resoruces from C$1.35 to C$1.40 in a research note on Wednesday, May 7th. They now have a “buy” rating on the stock. Analysts at Raymond James upgraded shares of Mandalay Resoruces from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, April 15th. They now have a C$1.40 price target on the stock, up previously from C$1.20.

Mandalay Resoruces (TSE:MND) opened at 1.05 on Wednesday. Mandalay Resoruces has a one year low of $0.60 and a one year high of $1.08. The stock has a 50-day moving average of $0.94 and a 200-day moving average of $0.86. The company has a market cap of $348.3 million and a P/E ratio of 10.65.

Mandalay Resources Corporation (TSE:MND) is a mining company.

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