Dundee Corporation (OTCMKTS:DDEJF) Short Interest Up 98.3% in July

Dundee Corporation (OTCMKTS:DDEJF) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 65,742 shares, a growth of 98.3% from the June 30th total of 33,145 shares. Based on an average daily trading volume, of 118,444 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.

Dundee Trading Down 3.9%

Shares of OTCMKTS DDEJF opened at $2.41 on Wednesday. The company’s 50-day moving average price is $2.63 and its 200 day moving average price is $2.95. Dundee has a 52 week low of $1.98 and a 52 week high of $3.81. The stock has a market cap of $216.68 million, a price-to-earnings ratio of 0.89 and a beta of 0.59.

Dundee (OTCMKTS:DDEJF) last announced its earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. Dundee had a return on equity of 76.48% and a net margin of 3,472.57%.The business had revenue of $3.04 million for the quarter.

About Dundee

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.