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

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

Dundee Price Performance

TSE:DC.A traded down C$0.04 during mid-day trading on Thursday, hitting C$3.73. 45,777 shares of the stock traded hands, compared to its average volume of 150,247. The business’s 50-day moving average price is C$4.45 and its 200 day moving average price is C$4.19. The company has a market cap of C$336.51 million, a PE ratio of 1.54 and a beta of 1.45. Dundee has a 12-month low of C$3.01 and a 12-month high of C$5.63. The company has a quick ratio of 5.04, a current ratio of 7.22 and a debt-to-equity ratio of 6.49.

Dundee Company Profile

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.