Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Down 10.2% in June

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 1,463,200 shares, a drop of 10.2% from the June 15th total of 1,628,800 shares. Based on an average daily trading volume, of 19,500 shares, the short-interest ratio is presently 75.0 days.

Dundee Precious Metals Stock Up 0.6 %

Shares of DPMLF traded up $0.05 during mid-day trading on Tuesday, hitting $8.88. The company had a trading volume of 2,229 shares, compared to its average volume of 25,211. The stock has a market cap of $1.61 billion, a PE ratio of 8.41 and a beta of 0.68. The business’s 50-day simple moving average is $8.11 and its 200-day simple moving average is $7.35. Dundee Precious Metals has a 1-year low of $5.78 and a 1-year high of $9.02.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its earnings results on Tuesday, May 7th. The company reported $0.18 EPS for the quarter. Dundee Precious Metals had a net margin of 33.95% and a return on equity of 15.57%. The business had revenue of $123.80 million for the quarter.

Dundee Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were paid a dividend of $0.04 per share. The ex-dividend date was Friday, June 28th. This represents a $0.16 dividend on an annualized basis and a yield of 1.80%. Dundee Precious Metals’s dividend payout ratio (DPR) is 15.24%.

About Dundee Precious Metals

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.