Short Interest in Dundee Corporation (OTCMKTS:DDEJF) Drops By 19.7%

Dundee Corporation (OTCMKTS:DDEJF) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 21,754 shares, a decrease of 19.7% from the November 30th total of 27,091 shares. Based on an average trading volume of 50,446 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 50,446 shares, the days-to-cover ratio is presently 0.4 days.

Dundee Trading Up 2.3%

OTCMKTS:DDEJF traded up $0.06 on Wednesday, hitting $2.87. 13,327 shares of the stock were exchanged, compared to its average volume of 24,711. The company has a debt-to-equity ratio of 0.01, a quick ratio of 54.14 and a current ratio of 54.14. Dundee has a 52 week low of $0.96 and a 52 week high of $3.24. The stock has a market capitalization of $258.24 million, a price-to-earnings ratio of 1.89 and a beta of 0.49. The company’s 50-day moving average price is $2.64 and its 200 day moving average price is $2.48.

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

Dundee Company Profile

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.