Dundee (TSE:DC.A) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Dundee Corp. (TSE:DC.AGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.15 and traded as low as C$3.73. Dundee shares last traded at C$3.73, with a volume of 355,676 shares.

Dundee Stock Performance

The company has a market cap of C$335.10 million, a P/E ratio of 1.26 and a beta of 1.34. The firm has a 50 day moving average of C$4.15 and a 200-day moving average of C$4.15. The company has a quick ratio of 5.04, a current ratio of 7.22 and a debt-to-equity ratio of 6.49.

Dundee (TSE:DC.AGet Free Report) last posted its earnings results on Tuesday, May 12th. The company reported C($0.07) earnings per share for the quarter. The company had revenue of C($68.32) million for the quarter. Dundee had a return on equity of 9.20% and a net margin of 478.33%.

Dundee Company Profile

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Dundee Corp is a public Canadian independent holding company. Through its operating subsidiaries, Dundee is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.

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