Dorchester Minerals LP (NASDAQ:DMLP) insider Minerals Operating Dorchester purchased 3,500 shares of the firm’s stock in a transaction on Tuesday, September 20th. The shares were purchased at an average price of $15.22 per share, with a total value of $53,270.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Minerals Operating Dorchester also recently made the following trade(s):

  • On Monday, September 19th, Minerals Operating Dorchester purchased 3,000 shares of Dorchester Minerals stock. The shares were purchased at an average price of $15.15 per share, with a total value of $45,450.00.
  • On Friday, September 16th, Minerals Operating Dorchester bought 500 shares of Dorchester Minerals stock. The stock was bought at an average price of $15.21 per share, with a total value of $7,605.00.
  • On Tuesday, September 13th, Minerals Operating Dorchester bought 1,200 shares of Dorchester Minerals stock. The stock was bought at an average price of $15.08 per share, with a total value of $18,096.00.

Dorchester Minerals LP (NASDAQ:DMLP) traded up 2.53% during midday trading on Wednesday, hitting $15.39. 28,213 shares of the company traded hands. The stock’s 50-day moving average price is $15.35 and its 200 day moving average price is $13.74. Dorchester Minerals LP has a 12-month low of $8.57 and a 12-month high of $16.75. The company has a market capitalization of $472.09 million, a price-to-earnings ratio of 38.09 and a beta of 0.80.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/insider-buying-dorchester-minerals-lp-dmlp-insider-acquires-3500-shares-of-stock.html

About Dorchester Minerals

Dorchester Minerals, L.P. is engaged in the acquisition, ownership and administration of Royalty Properties and net profits interests (NPIs). The Royalty Properties consist of producing and non-producing mineral, royalty, overriding royalty, net profits and leasehold interests located in approximately 570 counties and parishes in over 30 states.

5 Day Chart for NASDAQ:DMLP

Receive News & Ratings for Dorchester Minerals LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorchester Minerals LP and related companies with MarketBeat.com's FREE daily email newsletter.