Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Update

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,004,100 shares, a growth of 27.7% from the March 31st total of 786,500 shares. Based on an average trading volume of 46,500 shares, the short-interest ratio is currently 21.6 days.

Dundee Precious Metals Price Performance

DPMLF stock opened at $7.86 on Tuesday. Dundee Precious Metals has a 52 week low of $5.78 and a 52 week high of $8.08. The firm has a 50-day simple moving average of $7.38 and a 200-day simple moving average of $6.87. The stock has a market capitalization of $1.43 billion, a P/E ratio of 7.86 and a beta of 0.69.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.28 earnings per share (EPS) for the quarter. Dundee Precious Metals had a return on equity of 17.29% and a net margin of 32.28%. The company had revenue of $139.30 million for the quarter.

Dundee Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend was Wednesday, March 27th. Dundee Precious Metals’s payout ratio is 15.38%.

Dundee Precious Metals Company Profile

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.