Dundee (OTCMKTS:DDEJF) Trading Up 0.8% – Here’s Why

Dundee Corporation (OTCMKTS:DDEJF)’s share price shot up 0.8% during mid-day trading on Wednesday . The company traded as high as $3.24 and last traded at $3.1550. 25,243 shares were traded during trading, a decline of 27% from the average session volume of 34,393 shares. The stock had previously closed at $3.13.

Dundee Trading Up 0.8%

The firm’s 50-day simple moving average is $2.81 and its 200 day simple moving average is $2.59. The stock has a market cap of $283.89 million, a P/E ratio of 2.08 and a beta of 0.50. The company has a current ratio of 54.14, a quick ratio of 54.14 and a debt-to-equity ratio of 0.01.

Dundee (OTCMKTS:DDEJF) last issued its quarterly earnings data on Friday, November 14th. The company reported $1.27 earnings per share (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.