Insider Buying: Dorchester Minerals LP (DMLP) Insider Acquires 3,500 Shares of Stock
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.
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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.
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