Dundee (TSE:DC.A) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Dundee Corp. (TSE:DC.A) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.10 and traded as low as C$3.50. Dundee shares last traded at C$3.58, with a volume of 258,661 shares.

Dundee Stock Performance

The company has a market cap of C$339.60 million, a PE ratio of 1.28 and a beta of 1.45. The company has a debt-to-equity ratio of 6.49, a quick ratio of 5.04 and a current ratio of 7.22. The company has a 50 day simple moving average of C$3.79 and a two-hundred day simple moving average of C$4.10.

Dundee (TSE:DC.A) last posted its quarterly 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

Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol ‘DC.A’. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.