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

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 1,771,400 shares, a decline 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 presently 123.0 days.

Dundee Precious Metals Stock Up 2.5 %

Shares of DPMLF traded up $0.23 during trading hours on Monday, reaching $9.46. 19,585 shares of the company traded hands, compared to its average volume of 23,688. Dundee Precious Metals has a 12 month low of $5.78 and a 12 month high of $10.75. The company’s fifty day moving average price is $9.64 and its two-hundred day moving average price is $9.19. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 8.32 and a beta of 0.64.

Dundee Precious Metals Dividend Announcement

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

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.