Dorchester Minerals (NASDAQ:DMLP) Receives "Hold (C-)" Rating from Weiss Ratings

Key Points

• Dorchester Minerals' stock has been given a "hold (C-)" rating by Weiss Ratings, indicating a neutral outlook from analysts.
• The company's shares recently traded at $25.28, with a market cap of $1.20 billion and a PE ratio of 14.70.
• Dorchester Minerals reported $0.25 earnings per share for the last quarter, reflecting a return on equity of 22.49% and a net margin of 47.35%.

Dorchester Minerals (NASDAQ:DMLP - Get Free Report)'s stock had its "hold (c-)" rating restated by research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Dorchester Minerals Stock Performance

Shares of DMLP stock traded down $0.24 during mid-day trading on Wednesday, hitting $25.28. The company's stock had a trading volume of 85,069 shares, compared to its average volume of 86,085. The company's fifty day simple moving average is $25.38 and its 200-day simple moving average is $27.18. Dorchester Minerals has a 52 week low of $24.01 and a 52 week high of $34.88. The company has a market cap of $1.20 billion, a PE ratio of 14.70 and a beta of 0.61.

Dorchester Minerals (NASDAQ:DMLP - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The energy company reported $0.25 earnings per share for the quarter. Dorchester Minerals had a return on equity of 22.49% and a net margin of 47.35%.The firm had revenue of $32.40 million during the quarter.

Institutional Trading of Dorchester Minerals

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DMLP. Capital Advisory Group Advisory Services LLC increased its position in Dorchester Minerals by 5.6% in the 1st quarter. Capital Advisory Group Advisory Services LLC now owns 26,520 shares of the energy company's stock valued at $798,000 after buying an additional 1,405 shares in the last quarter. GraniteShares Advisors LLC increased its position in Dorchester Minerals by 6.5% in the 1st quarter. GraniteShares Advisors LLC now owns 78,002 shares of the energy company's stock valued at $2,346,000 after buying an additional 4,730 shares in the last quarter. Inscription Capital LLC bought a new stake in Dorchester Minerals in the 1st quarter valued at about $1,218,000. Canton Hathaway LLC increased its position in Dorchester Minerals by 249.9% in the 1st quarter. Canton Hathaway LLC now owns 64,640 shares of the energy company's stock valued at $1,944,000 after buying an additional 46,165 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in Dorchester Minerals in the 1st quarter valued at about $445,000. 19.21% of the stock is owned by institutional investors.

Dorchester Minerals Company Profile

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.

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