Dundee (TSE:DC.A) Stock Crosses Below 200 Day Moving Average – Here’s Why

Dundee Corp. (TSE:DC.A) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.01 and traded as low as C$3.80. Dundee shares last traded at C$3.83, with a volume of 84,236 shares.

Dundee Stock Up 0.5%

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’s fifty day moving average price is C$4.41 and its two-hundred day moving average price is C$4.01. The firm has a market cap of C$332.13 million, a P/E ratio of 2.77 and a beta of 0.89.

Dundee Company Profile

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.