Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Short Interest Down 13.4% in November

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) was the recipient 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 short-interest ratio is presently 123.0 days.

Dundee Precious Metals Stock Performance

Shares of DPMLF stock traded up $0.23 during trading on Monday, hitting $9.46. The company had a trading volume of 19,585 shares, compared to its average volume of 23,688. The firm has a market capitalization of $1.69 billion, a P/E ratio of 8.32 and a beta of 0.64. Dundee Precious Metals has a one year low of $5.78 and a one year high of $10.75. The stock’s 50-day moving average price is $9.64 and its 200 day moving average price is $9.19.

Dundee Precious Metals Announces Dividend

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