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Mandalay Resources Announces Record Financial Performance in 2024, Generating $69 Million in Free Cash Flow

Summary by The Hamilton Spectator
TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced its financial results for the fourth quarter and year ended December

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The Hamilton SpectatorThe Hamilton Spectator
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Durham RegionDurham Region

Mandalay Resources Announces Record Financial Performance in 2024, Generating $69 Million in Free Cash Flow

TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) announced its financial results for the fourth quarter and year ended December

·Hamilton, Canada
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themarketonline.cathemarketonline.ca

Mandalay Resources scored record financial performance in 2024

In its financial results for Q4 and year ended December 31st, 2024, Mandalay Resources (TSX:MND) announced Record Financial Performance for the year. In Q4 2024, Mandalay generated $38.5 million in cash flow from operating activities and $24.6 million in free cash flow. The company’s consolidated revenue saw a 32 per cent increase compared to Q4 2023, reaching $66.8 million. Mandalay Resources stock (TSX:MND) last traded at C$4.75 In its financi…

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The Hamilton Spectator broke the news in Hamilton, Canada on Thursday, February 20, 2025.
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