Dundee (TSE:DC.A) Shares Down 2.7% – Time to Sell?

Dundee Corp. (TSE:DC.A) shares fell 2.7% on Thursday. The company traded as low as C$3.66 and last traded at C$3.67. Approximately 84,001 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 150,440 shares. The stock had previously closed at C$3.77.

Dundee Price Performance

The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04. The stock has a market cap of C$331.09 million, a price-to-earnings ratio of 1.52 and a beta of 1.45. The business’s 50-day simple moving average is C$4.42 and its two-hundred day simple moving average is C$4.19.

Dundee (TSE:DC.A) last released its quarterly earnings results on Tuesday, November 10th. The company reported C$0.53 earnings per share for the quarter. Dundee had a return on equity of 9.20% and a net margin of 478.33%. The company had revenue of C$56.49 million for the quarter.

Dundee Company Profile

Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol ‘DC.A’. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.