Short Interest in Dundee Corporation (OTCMKTS:DDEJF) Declines By 57.7%

Dundee Corporation (OTCMKTS:DDEJF) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 14,639 shares, a drop of 57.7% from the May 14th total of 34,573 shares. Based on an average daily volume of 39,648 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Dundee Stock Performance

OTCMKTS DDEJF opened at $2.62 on Friday. The firm’s fifty day moving average is $3.00 and its two-hundred day moving average is $3.02. Dundee has a one year low of $1.86 and a one year high of $3.81. The firm has a market cap of $235.17 million, a PE ratio of 0.97 and a beta of 0.55.

Dundee (OTCMKTS:DDEJF) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $3.04 million for the quarter. Dundee had a return on equity of 83.03% and a net margin of 3,472.57%.

Dundee Company Profile

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.