Debt-Free and Thriving: Mining Company Reports 35% Revenue Growth in Q3 2024

posted Nov 12, 2024 9:00am  by  Mandalay Resources Corp.
"Revenue growth and free cash flow generation reflect our cost controls and prudent capital management while benefitting from high metal prices. As of the end of Q3 our cash balance was a healthy $54.7 million – more than doubling since December 2023 – and we have fully repaid the $20 million outstanding balance on our revolving credit facility, strengthening our liquidity and financial flexibility ...read more