Dundee (TSE:DC.A) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Dundee Corp. (TSE:DC.AGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.14 and traded as low as C$3.20. Dundee shares last traded at C$3.33, with a volume of 203,992 shares changing hands.

Dundee Stock Up 1.6%

The company has a market capitalization of C$288.39 million, a P/E ratio of 1.09 and a beta of 1.34. The company has a quick ratio of 5.04, a current ratio of 7.22 and a debt-to-equity ratio of 6.49. The firm has a fifty day simple moving average of C$4.05 and a 200-day simple moving average of C$4.13.

Dundee (TSE:DC.AGet Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported C($0.07) earnings per share 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($68.32) million for the quarter.

Dundee Company Profile

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Dundee Corp is a public Canadian independent holding company. Through its operating subsidiaries, Dundee is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.

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