Analyst Price Target is 4.50
▲ +194.12% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Mandalay Resources in the last 3 months. The average price target is 4.50, with a high forecast of 4.50 and a low forecast of 4.50. The average price target represents a 194.12% upside from the last price of 1.53.
Current Consensus is
The current consensus among 1 investment analysts is to buy stock in Mandalay Resources.
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.