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December 6, 2024
PI Global Investments
Precious Metals

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Up 85.3% in March


Dundee Precious Metals Inc. (OTCMKTS:DPMLFGet Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 651,100 shares, a growth of 85.3% from the February 29th total of 351,400 shares. Based on an average trading volume of 37,800 shares, the short-interest ratio is currently 17.2 days.

Dundee Precious Metals Stock Down 0.5 %

Shares of Dundee Precious Metals stock traded down $0.04 during trading hours on Friday, reaching $7.62. 3,041 shares of the company’s stock were exchanged, compared to its average volume of 23,926. Dundee Precious Metals has a 1 year low of $5.78 and a 1 year high of $8.08. The company has a market capitalization of $1.38 billion, a P/E ratio of 7.32 and a beta of 0.67. The business has a fifty day moving average of $6.77 and a two-hundred day moving average of $6.64.

Dundee Precious Metals (OTCMKTS:DPMLFGet Free Report) last announced its earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share for the quarter. The company had revenue of $139.30 million during the quarter. Dundee Precious Metals had a net margin of 32.28% and a return on equity of 17.29%.

Dundee Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be issued a $0.04 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.16 annualized dividend and a yield of 2.10%. Dundee Precious Metals’s dividend payout ratio (DPR) is 15.38%.

About Dundee Precious Metals

(Get Free Report)

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.

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