Dundee (TSE:DC.A) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Dundee Corp. (TSE:DC.AGet Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.14 and traded as low as C$3.20. Dundee shares last traded at C$3.33, with a volume of 203,992 shares changing hands.

Dundee Stock Performance

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 company has a market capitalization of C$299.17 million, a PE ratio of 1.13 and a beta of 1.34. The firm’s 50-day simple moving average is C$4.08 and its 200-day simple moving average is C$4.14.

Dundee (TSE:DC.AGet Free Report) last issued its earnings results on Tuesday, May 12th. The company reported C($0.07) EPS for the quarter. Dundee had a return on equity of 9.20% and a net margin of 478.33%.The company had revenue of C($68.32) million for the quarter.

Dundee Company Profile

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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.

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