Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Update

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,004,100 shares, an increase of 27.7% from the March 31st total of 786,500 shares. Based on an average trading volume of 46,500 shares, the short-interest ratio is presently 21.6 days.

Dundee Precious Metals Price Performance

Shares of OTCMKTS:DPMLF opened at $7.86 on Tuesday. The business has a 50-day moving average of $7.38 and a two-hundred day moving average of $6.87. The firm has a market capitalization of $1.43 billion, a PE ratio of 7.86 and a beta of 0.69. Dundee Precious Metals has a 12 month low of $5.78 and a 12 month high of $8.08.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.28 EPS for the quarter. Dundee Precious Metals had a net margin of 32.28% and a return on equity of 17.29%. The firm had revenue of $139.30 million for the quarter.

Dundee Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.03%. Dundee Precious Metals’s payout ratio is currently 15.38%.

Dundee Precious Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.