Dundee (OTCMKTS:DDEJF) Stock Price Down 4% – Here’s Why

Dundee Corporation (OTCMKTS:DDEJF – Get Free Report) shares fell 4% during trading on Thursday. The company traded as low as $2.47 and last traded at $2.5150. 63,167 shares traded hands during trading, an increase of 23% from the average session volume of 51,534 shares. The stock had previously closed at $2.62.

Dundee Price Performance

The stock has a fifty day moving average of $3.26 and a 200 day moving average of $3.03. The firm has a market capitalization of $226.27 million, a P/E ratio of 1.07 and a beta of 0.77.

Dundee (OTCMKTS:DDEJF – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported ($0.22) earnings per share (EPS) for the quarter. Dundee had a net margin of 2,751.15% and a return on equity of 59.09%. The business had revenue of $1.31 million during the quarter.

About Dundee

(Get Free Report)

Dundee Corporation is a Canadian investment holding company focused primarily on opportunities in the natural resources sector. Through its investments and related businesses, the company supports the acquisition, exploration, development and operation of mineral assets, with an emphasis on precious and base metals.

Dundee has historically been associated with a range of resource-focused companies and projects, including interests connected to gold and other mineral exploration and mining activities.

Recommended Stories

Receive News & Ratings for Dundee Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee and related companies with MarketBeat.com's FREE daily email newsletter.