Dundee (OTCMKTS:DDEJF – Get Free Report) released its earnings results on Tuesday. The company reported ($0.22) earnings per share for the quarter, Zacks reports. Dundee had a return on equity of 59.97% and a net margin of 2,751.15%.The firm had revenue of $1.31 million for the quarter.
Dundee Price Performance
Shares of OTCMKTS DDEJF traded up $0.13 during trading hours on Thursday, hitting $2.96. 6,560 shares of the company’s stock were exchanged, compared to its average volume of 43,626. The company’s 50-day moving average price is $2.56 and its 200-day moving average price is $2.92. Dundee has a 1-year low of $2.14 and a 1-year high of $3.81. The stock has a market capitalization of $266.08 million, a price-to-earnings ratio of 1.26 and a beta of 0.59.
About Dundee
Dundee Precious Metals Inc (OTCMKTS: DDEJF) is a Canada‐based gold mining company engaged in the acquisition, exploration, development and operation of precious metals properties across Europe and Africa. Headquartered in Toronto, Ontario, the firm focuses on producing gold and copper through a combination of underground mining, on-site milling and processing, supported by exploration programs designed to extend mine life and expand resource bases.
The company’s primary operating assets include the Chelopech gold-copper mine in Bulgaria and the Tsumeb copper smelter and refinery in Namibia.
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