Dundee (OTCMKTS:DDEJF) Stock Price Up 5.9% - Here's What Happened

Key Points

• Dundee Corporation shares rose by 5.9% to trade at $2.69, with trading volume increasing by 130% from the average.
• The company reported earnings of $0.14 per share and revenue of $0.55 million in its latest quarterly results.
• Dundee Corporation operates in diverse sectors including investment advisory, corporate finance, energy, and real estate, managing a significant portfolio of both public and private investments.

Shares of Dundee Corporation (OTCMKTS:DDEJF - Get Free Report) shot up 5.9% on Monday . The company traded as high as $2.71 and last traded at $2.69. 162,330 shares were traded during trading, an increase of 130% from the average session volume of 70,526 shares. The stock had previously closed at $2.54.

Dundee Trading Up 1.5%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 49.64 and a current ratio of 49.64. The stock has a fifty day moving average of $2.23 and a 200 day moving average of $1.83. The company has a market capitalization of $245.91 million, a PE ratio of 9.17 and a beta of 0.49.

Dundee (OTCMKTS:DDEJF - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $0.55 million for the quarter.

Dundee Company Profile

Dundee Corporation is a publicly owned investment manager. Through its operating subsidiaries, the firm is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure. The Corporation also holds, directly and indirectly, a portfolio of investments mostly in these key areas, as well as other select investments in both publicly listed and private enterprises.