Dundee (TSE:DC.A) Hits New 12-Month High – Here’s Why

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

Dundee Price Performance

The stock has a market capitalization 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 current ratio of 7.22 and a quick ratio of 5.04. The firm’s 50 day simple moving average is C$3.69 and its 200 day simple moving average is C$4.02.

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

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.