Dundee (TSE:DC.A) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Dundee Corp. (TSE:DC.AGet Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.66 and traded as high as C$3.95. Dundee shares last traded at C$3.89, with a volume of 40,008 shares trading hands.

Dundee Stock Performance

The stock’s 50 day moving average is C$3.66 and its two-hundred day moving average is C$3.43. The firm has a market capitalization of C$350.08 million, a P/E ratio of 2.92 and a beta of 0.87. The company has a debt-to-equity ratio of 6.49, a current ratio of 7.22 and a quick ratio of 5.04.

About Dundee

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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.

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