Dundee (TSE:DC.A) Hits New 52-Week High – What’s Next?

Dundee Corp. (TSE:DC.A) hit a new 52-week high during trading on Monday . The stock traded as high as C$5.35 and last traded at C$5.06, with a volume of 155829 shares. The stock had previously closed at C$4.84.

Dundee Stock Up 8.7%

The firm has a market cap of C$474.54 million, a PE ratio of 2.17 and a beta of 1.45. The company has a debt-to-equity ratio of 6.49, a quick ratio of 5.04 and a current ratio of 7.22. The company’s 50-day simple moving average is C$3.69 and its two-hundred day simple moving average is C$4.02.

Dundee (TSE:DC.A) last issued its quarterly earnings data on Tuesday, August 11th. The company reported C($0.31) EPS for the quarter. The firm had revenue of C($21.49) million for the quarter. Dundee had a net margin of 478.33% and a return on equity of 9.20%.

About Dundee

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.