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Investegate |Mandalay Resources Corporation Announcements | Mandalay Resources Corporation: Mandalay Resources Corporation Announces Financial Results for the Second Quarter of 2021
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Press Release - MINING COM
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0.28
(0.04)
Adjusted EBITDA, adjusted net income (loss) and adjusted net income (loss) per share are non-IFRS measures, defined at the end of this press release Non-IFRS Measures .
In the first quarter of 2021, Mandalay generated consolidated revenue of $52.6 million, 26% higher than in the first quarter of 2020. This increase is attributable to Mandalay selling 5,437 more gold equivalent ounces combined with higher realized price in the first quarter of 2021 compared to the first quarter of 2020. The Company s realized gold price in the first quarter of 2021 increased by 2% compared to the first quarter of 2020, and the realized price of antimony increased by 50%.
Consolidated cash cost per ounce of $883 increased by 4% in the first quarter of 2021 compared to the first quarter of 2020, mainly due to higher mining costs and foreign exchange movements. Cost of sales during the first quarter of 2021 versus the first quarter of 2020 were $3.8 million higher at Costerfield a
Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2021
TORONTO, May 12, 2021 (GLOBE NEWSWIRE) Mandalay Resources Corporation ( Mandalay or the Company ) (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter March 31, 2021.
The Company’s condensed and consolidated interim financial results for the quarter ended March 31, 2021, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated.
Mandalay Resources Corporation Announces Fourth Quarter and Full-Year 2020 Financial Results
TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) Mandalay Resources Corporation ( Mandalay or the Company ) (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the fourth quarter and full-year ended December 31, 2020.
The Company’s consolidated financial results for the year ended December 31, 2020, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated.
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