Dundee (TSE:DC.A) Announces Earnings Results

Dundee (TSE:DC.A) announced its earnings results on Tuesday. The company reported C($0.31) EPS for the quarter, FiscalAI reports. The firm had revenue of C($21.49) million during the quarter. Dundee had a return on equity of 9.20% and a net margin of 478.33%.

Dundee Stock Up 1.6%

TSE:DC.A traded up C$0.06 during trading hours on Tuesday, hitting C$3.90. 97,976 shares of the stock traded hands, compared to its average volume of 145,976. The firm has a 50 day moving average price of C$3.61 and a 200 day moving average price of C$4.04. The company has a current ratio of 7.22, a quick ratio of 5.04 and a debt-to-equity ratio of 6.49. Dundee has a fifty-two week low of C$2.95 and a fifty-two week high of C$5.19. The firm has a market cap of C$350.38 million, a price-to-earnings ratio of 1.32 and a beta of 1.45.

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.