Dundee (TSE:DC.A) Share Price Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• Shares of Dundee Corp. (TSE:DC.A) surpassed their 50-day moving average of C$3.63, trading as high as C$4.24 recently.
• The company has a market capitalization of C$376.95 million and a PE ratio of 8.73, indicating a relatively low valuation compared to earnings.
• Dundee Corp. is a Canadian independent holding company focused on long-term investments in the mining sector with over 30 years of experience.

Shares of Dundee Corp. (TSE:DC.A - ) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$3.63 and traded as high as C$4.24. Dundee shares last traded at C$4.19, with a volume of 74,749 shares changing hands.

Dundee Price Performance

The company has a market capitalization of C$376.95 million, a PE ratio of 8.73 and a beta of 0.88. The firm has a fifty day moving average of C$3.63 and a two-hundred day moving average of C$2.83. The company has a current ratio of 7.22, a quick ratio of 5.04 and a debt-to-equity ratio of 6.49.

About Dundee

Dundee Corp is a public Canadian independent holding company. Through its operating subsidiaries, Dundee is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.