Dundee (TSE:DC.A) Releases Quarterly Earnings Results

Dundee (TSE:DC.A) released its quarterly earnings results on Tuesday. The company reported C$0.53 EPS for the quarter, FiscalAI reports. Dundee had a return on equity of 9.20% and a net margin of 478.33%. The firm had revenue of C$56.49 million for the quarter.

Dundee Stock Down 0.8%

DC.A traded down C$0.03 on Thursday, reaching C$3.74. The company’s stock had a trading volume of 48,177 shares, compared to its average volume of 150,259. Dundee has a 1 year low of C$3.01 and a 1 year high of C$5.63. The business’s 50 day moving average is C$4.45 and its 200 day moving average is C$4.19. The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04. The stock has a market cap of C$337.41 million, a price-to-earnings ratio of 1.55 and a beta of 1.45.

About Dundee

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.