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  • Mandalay (MND) generated $7.5 million in free cash flow in Q2
  • Consolidated quarterly revenue of $50.1 million
  • Adjusted EBITDA of $20.3 million
  • President and CEO Dominic Duffy sat down with Sabrina Cuthbert to discuss the results
  • Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine)
  • Mandalay (MND) opened trading at C$2.69 per share

Mandalay (MND) announced its financial results for the quarter ended June 30, 2022.

In Q2 2022, Mandalay generated consolidated revenue of $50.1 million, 2 per cent lower than in the second quarter of 2021.

Adjusted net income was $5.4 million in the second quarter of 2022.

Mandalay ended the second quarter of 2022 with $47.9 million in cash and cash equivalents.

President and CEO Dominic Duffy sat down with Sabrina Cuthbert to discuss the results.

Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine).

Mandalay Resources Corp (MND) opened trading at C$2.69 per share.

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