Short Interest in Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Rises By 7.2%

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,628,800 shares, a growth of 7.2% from the May 31st total of 1,518,700 shares. Based on an average trading volume of 26,300 shares, the short-interest ratio is currently 61.9 days.

Dundee Precious Metals Price Performance

DPMLF traded up $0.06 during trading on Tuesday, hitting $7.90. The company had a trading volume of 4,230 shares, compared to its average volume of 11,885. The company has a market cap of $1.43 billion, a PE ratio of 7.52 and a beta of 0.68. The business has a 50-day moving average of $7.97 and a 200-day moving average of $7.23. Dundee Precious Metals has a 1-year low of $5.78 and a 1-year high of $8.50.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share for the quarter. Dundee Precious Metals had a net margin of 33.95% and a return on equity of 15.57%. The firm had revenue of $123.80 million during the quarter.

Dundee Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.16 annualized dividend and a yield of 2.03%. Dundee Precious Metals’s payout ratio is 15.24%.

Dundee Precious Metals Company Profile

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.