Mandalay Resources reports strong financial results for Q4 and full year 2024

From GlobeNewswire: 2025-02-22 11:42:12

Mandalay Resources Corporation reported strong financial results for the fourth quarter and full year ending December 31, 2024. Highlights include record revenues, significant increase in cash flow, adjusted EBITDA of $32.3 million for Q4, and net income of $20.7 million. The company ended the year with $76.4 million in cash and no debt. Operations at Costerfield and Björkdal contributed to the successful year, with plans for continued investment and growth in 2025. Mandalay aims to create shareholder value through profitability and sustainable operations. For more details, refer to the company’s financial statements and MD&A.



Read more at GlobeNewswire: Mandalay Resources presenterar ett ekonomiskt