Dundee (TSE:DC.A) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Dundee Corp. (TSE:DC.A) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.01 and traded as low as C$3.80. Dundee shares last traded at C$3.83, with a volume of 84,236 shares.

Dundee Stock Down 6.4%

The firm has a market cap of C$344.73 million, a P/E ratio of 2.88 and a beta of 0.89. The firm’s fifty day moving average is C$4.42 and its 200 day moving average is C$4.01. The company has a debt-to-equity ratio of 6.49, a quick ratio of 5.04 and a current ratio of 7.22.

Dundee Company Profile

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.