Dundee (TSE:DC.A) Hits New 12-Month High – Should You Buy?

Dundee Corp. (TSE:DC.A) hit a new 52-week high on Monday . The company traded as high as C$5.35 and last traded at C$5.06, with a volume of 155829 shares changing hands. The stock had previously closed at C$4.84.

Dundee Stock Up 5.8%

The stock’s fifty day simple moving average is C$3.75 and its two-hundred day simple moving average is C$4.03. The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04. The company has a market capitalization of C$491.68 million, a price-to-earnings ratio of 2.25 and a beta of 1.45.

Dundee (TSE:DC.A) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C($0.31) earnings per share for the quarter. Dundee had a net margin of 478.33% and a return on equity of 9.20%. The business had revenue of C($21.49) million for the quarter.

Dundee Company Profile

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.