Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Update

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) was the recipient of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 1,740,500 shares, a growth of 26.7% from the July 31st total of 1,373,700 shares. Based on an average trading volume of 35,700 shares, the days-to-cover ratio is currently 48.8 days.

Dundee Precious Metals Trading Up 0.3 %

DPMLF stock traded up $0.03 during trading on Friday, reaching $9.76. The stock had a trading volume of 9,800 shares, compared to its average volume of 25,952. The firm has a market cap of $1.77 billion, a PE ratio of 9.27 and a beta of 0.68. The stock’s 50 day moving average is $8.77 and its two-hundred day moving average is $7.97. Dundee Precious Metals has a 52 week low of $5.78 and a 52 week high of $10.02.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter. The firm had revenue of $156.84 million for the quarter. Dundee Precious Metals had a return on equity of 16.18% and a net margin of 34.73%.

Dundee Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, September 27th. Dundee Precious Metals’s dividend payout ratio (DPR) is 15.24%.

About Dundee Precious Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.