Dundee (TSE:DC.A) Share Price Passes Below 200-Day Moving Average – Here’s Why

Dundee Corp. (TSE:DC.AGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.08 and traded as low as C$3.77. Dundee shares last traded at C$3.81, with a volume of 234,308 shares trading hands.

Dundee Price Performance

The company has a current ratio of 7.22, a quick ratio of 5.04 and a debt-to-equity ratio of 6.49. The business has a 50-day moving average price of C$4.10 and a 200 day moving average price of C$4.09. The stock has a market cap of C$362.06 million, a PE ratio of 1.37 and a beta of 1.13.

Dundee (TSE:DC.AGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C($0.07) EPS for the quarter. Dundee had a net margin of 478.33% and a return on equity of 9.20%. The firm 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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