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

Dundee Corp. (TSE:DC.A)’s share price dropped 2.7% on Thursday. The stock traded as low as C$3.66 and last traded at C$3.67. 84,001 shares were traded during trading, a decline of 44% from the average daily volume of 150,440 shares. The stock had previously closed at C$3.77.

Dundee Price Performance

The company has a current ratio of 7.22, a quick ratio of 5.04 and a debt-to-equity ratio of 6.49. The firm has a market capitalization of C$331.09 million, a price-to-earnings ratio of 1.52 and a beta of 1.45. The company’s 50 day moving average is C$4.42 and its 200-day moving average is C$4.19.

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