Published on 27 Dec 2021 on Simply Wall St. via Yahoo Finance
Mandalay Resources (TSE:MND) shareholders have earned a 46% CAGR over the last three years
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But if you buy shares in a really great company, you can more than double your money. For instance the Mandalay Resources Corporation (TSE:MND) share price is 213% higher than it was three years ago. That sort of return is as solid as granite. It's down 2.1% in the last seven days.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
Check out our latest analysis for Mandalay Resources