Dundee (OTCMKTS:DDEJF) Shares Up 1.7% – Here’s What Happened

Dundee Corporation (OTCMKTS:DDEJF) rose 1.7% during mid-day trading on Thursday. The stock traded as high as $2.96 and last traded at $2.94. Approximately 31,360 shares were traded during trading, a decline of 14% from the average daily volume of 36,629 shares. The stock had previously closed at $2.89.

Dundee Stock Up 1.7%

The company’s 50-day simple moving average is $3.45 and its 200 day simple moving average is $3.02. The firm has a market capitalization of $264.51 million, a PE ratio of 1.25 and a beta of 0.69.

Dundee (OTCMKTS:DDEJF) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.22) earnings per share (EPS) for the quarter. Dundee had a return on equity of 59.09% and a net margin of 2,751.15%. The business had revenue of $1.31 million for the quarter.

Dundee Company Profile

Dundee Corporation is a Canadian investment holding company with a diversified portfolio of businesses and investments. Rather than operating as a single-industry company, Dundee focuses on building long-term value through interests in natural resources, real estate, agriculture and other sectors.

The company’s activities may include direct investments, strategic holdings and investments through affiliated companies. Its resource-related interests have historically included mining and metals, while its broader portfolio has provided exposure to property, food and agriculture, infrastructure and other industries.

Dundee traces its origins to 1957 and was founded by Canadian financier Ned Goodman.