Dundee (TSE:DC.A) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Dundee Corp. (TSE:DC.A)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.09 and traded as low as C$3.81. Dundee shares last traded at C$3.88, with a volume of 84,409 shares changing hands.

Dundee Stock Down 0.8%

The company has a quick ratio of 5.04, a current ratio of 7.22 and a debt-to-equity ratio of 6.49. The company has a market cap of C$339.60 million, a PE ratio of 1.28 and a beta of 1.45. The company’s fifty day moving average is C$3.73 and its 200-day moving average is C$4.09.

Dundee (TSE:DC.A) last announced its earnings results on Tuesday, May 12th. The company reported C($0.07) earnings per share for the quarter. The company had revenue of C($68.32) million for the quarter. Dundee had a net margin of 478.33% and a return on equity of 9.20%.

About Dundee

Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol ‘DC.A’. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.