Short Interest in Dundee Corporation (OTCMKTS:DDEJF) Grows By 98.3%

Dundee Corporation (OTCMKTS:DDEJF) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 65,742 shares, a growth of 98.3% from the June 30th total of 33,145 shares. Based on an average daily volume of 118,444 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Dundee Price Performance

Shares of OTCMKTS:DDEJF opened at $2.51 on Thursday. The company has a market cap of $225.11 million, a price-to-earnings ratio of 0.92 and a beta of 0.59. Dundee has a one year low of $1.98 and a one year high of $3.81. The firm has a fifty day moving average price of $2.63 and a two-hundred day moving average price of $2.95.

Dundee (OTCMKTS:DDEJF) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $3.04 million during the quarter. Dundee had a return on equity of 76.48% and a net margin of 3,472.57%.

About Dundee

Dundee Precious Metals Inc (OTCMKTS: DDEJF) is a Canada‐based gold mining company engaged in the acquisition, exploration, development and operation of precious metals properties across Europe and Africa. Headquartered in Toronto, Ontario, the firm focuses on producing gold and copper through a combination of underground mining, on-site milling and processing, supported by exploration programs designed to extend mine life and expand resource bases.

The company’s primary operating assets include the Chelopech gold-copper mine in Bulgaria and the Tsumeb copper smelter and refinery in Namibia.