Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Sees Significant Decrease in Short Interest

Dundee Precious Metals Inc. (OTCMKTS:DPMLFGet Free Report) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 348,800 shares, a decline of 15.6% from the January 31st total of 413,500 shares. Based on an average trading volume of 35,600 shares, the short-interest ratio is currently 9.8 days.

Dundee Precious Metals Trading Up 1.7 %

Shares of DPMLF traded up $0.12 during mid-day trading on Monday, reaching $7.15. The company had a trading volume of 14,717 shares, compared to its average volume of 22,984. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 6.88 and a beta of 0.67. The firm has a fifty day simple moving average of $6.33 and a 200-day simple moving average of $6.49. Dundee Precious Metals has a fifty-two week low of $5.78 and a fifty-two week high of $8.08.

Dundee Precious Metals (OTCMKTS:DPMLFGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share for the quarter. The company had revenue of $139.30 million for the quarter. Dundee Precious Metals had a net margin of 32.28% and a return on equity of 17.55%.

Dundee Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be issued a $0.04 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.24%. Dundee Precious Metals’s dividend payout ratio (DPR) is presently 15.38%.

About Dundee Precious Metals

(Get Free Report)

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.

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