GMP Capital Inc. (TSE:GMP) shares shot up 9.4% during trading on Monday . The stock traded as high as C$2.36 and last traded at C$2.21. 285,319 shares traded hands during trading, an increase of 204% from the average session volume of 93,991 shares. The stock had previously closed at C$2.02.

The firm has a market cap of $146.90 million and a P/E ratio of -6.99. The company has a debt-to-equity ratio of 13.50, a quick ratio of 0.85 and a current ratio of 1.13.

GMP Capital (TSE:GMP) last released its quarterly earnings data on Thursday, May 2nd. The company reported C$0.17 EPS for the quarter. The company had revenue of C$67.99 million for the quarter. Equities analysts anticipate that GMP Capital Inc. will post 0.31 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 14th will be issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 4.78%. The ex-dividend date of this dividend is Thursday, June 13th. GMP Capital’s dividend payout ratio (DPR) is presently -15.82%.

COPYRIGHT VIOLATION WARNING: “GMP Capital (TSE:GMP) Shares Up 9.4%” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at

About GMP Capital (TSE:GMP)

GMP Capital Inc, an independent diversified financial services company, provides various financial products and services to corporate clients, institutional investors, and high-net-worth individuals in Canada, the United States, and internationally. It operates in two segments, Capital Markets and Wealth Management.

Further Reading: Cost of Equity For A Business, Investors

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