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Dundee (TSE:DC.A) Hits New 52-Week High - Here's Why

Dundee logo with Finance background

Dundee Corp. (TSE:DC.A - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.88 and last traded at C$2.88, with a volume of 40270 shares trading hands. The stock had previously closed at C$2.76.

Dundee Stock Up 5.4%

The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04. The company has a market cap of C$250.93 million, a price-to-earnings ratio of 8.56 and a beta of 1.40. The firm's 50 day simple moving average is C$2.43 and its 200-day simple moving average is C$2.10.

About Dundee

(Get Free Report)

Dundee Corporation, an asset management company, provides wealth management, real estate, resources, and investment services in Canada and the United States. The company's Wealth Management segment offers investment management, financial advisory, capital market, and various banking services. This segment also creates, manages, and administers investment products, as well as provides internal and third-party management, and advisory services to various investment products, including mutual funds, private clients, portfolio solutions, tax-assisted investment products, closed-end investment products, and alternative investment products.

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