Free Trial

Short Interest in Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Drops By 13.4%

Dundee Precious Metals logo with Basic Materials background

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 1,771,400 shares, a decrease of 13.4% from the November 15th total of 2,044,800 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is currently 123.0 days.

Dundee Precious Metals Stock Up 2.5 %

Shares of OTCMKTS DPMLF traded up $0.23 during mid-day trading on Monday, reaching $9.46. 19,585 shares of the company were exchanged, compared to its average volume of 23,688. The stock has a market capitalization of $1.69 billion, a P/E ratio of 8.32 and a beta of 0.64. The company's 50-day simple moving average is $9.64 and its 200-day simple moving average is $9.19. Dundee Precious Metals has a twelve month low of $5.78 and a twelve month high of $10.75.

Dundee Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.04 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.16 annualized dividend and a yield of 1.69%. Dundee Precious Metals's dividend payout ratio (DPR) is presently 14.41%.

Dundee Precious Metals Company Profile

(Get Free Report)

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.

Further Reading

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.

Should you invest $1,000 in Dundee Precious Metals right now?

Before you consider Dundee Precious Metals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dundee Precious Metals wasn't on the list.

While Dundee Precious Metals currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines