Dundee Corporation (OTCMKTS:DDEJF) Short Interest Down 80.5% in August

Dundee Corporation (OTCMKTS:DDEJF) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 6,166 shares, a drop of 80.5% from the August 15th total of 31,622 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 112,289 shares, the days-to-cover ratio is currently 0.1 days.

Dundee Stock Down 5.3%

DDEJF opened at $3.75 on Friday. The company has a market capitalization of $337.39 million, a price-to-earnings ratio of 1.60 and a beta of 0.68. The firm has a 50-day moving average price of $3.03 and a 200-day moving average price of $2.96. Dundee has a twelve month low of $2.20 and a twelve month high of $4.04.

Dundee (OTCMKTS:DDEJF) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.22) EPS for the quarter. The business had revenue of $1.31 million for the quarter. Dundee had a net margin of 2,751.15% and a return on equity of 59.97%.

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.