Dundee (OTCMKTS:DDEJF) Stock Price Up 4.2% – What’s Next?

Dundee Corporation (OTCMKTS:DDEJF) shares rose 4.2% during mid-day trading on Wednesday . The stock traded as high as $3.52 and last traded at $3.49. Approximately 13,995 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 49,413 shares. The stock had previously closed at $3.35.

Dundee Stock Up 4.2%

The firm has a 50-day moving average price of $3.03 and a two-hundred day moving average price of $2.72. The company has a market capitalization of $314.13 million, a price-to-earnings ratio of 2.30 and a beta of 0.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 54.14 and a quick ratio of 54.14.

Dundee (OTCMKTS:DDEJF) last released its quarterly earnings results on Friday, November 14th. The company reported $1.27 earnings per share for the quarter. The firm had revenue of $2.43 million for the quarter.

About Dundee

Dundee Precious Metals Inc (OTCMKTS: DDEJF) is a Canada‐based gold mining company engaged in the acquisition, exploration, development and operation of precious metals properties across Europe and Africa. Headquartered in Toronto, Ontario, the firm focuses on producing gold and copper through a combination of underground mining, on-site milling and processing, supported by exploration programs designed to extend mine life and expand resource bases.

The company’s primary operating assets include the Chelopech gold-copper mine in Bulgaria and the Tsumeb copper smelter and refinery in Namibia.