Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Sees Significant Increase in Short Interest

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 1,998,400 shares, a growth of 5.6% from the October 15th total of 1,892,800 shares. Based on an average daily trading volume, of 48,400 shares, the days-to-cover ratio is currently 41.3 days.

Dundee Precious Metals Trading Down 0.1 %

DPMLF stock traded down $0.01 during trading hours on Friday, hitting $8.87. 9,407 shares of the stock traded hands, compared to its average volume of 26,536. The stock has a 50-day simple moving average of $9.92 and a 200 day simple moving average of $9.01. Dundee Precious Metals has a one year low of $5.78 and a one year high of $10.75. The company has a market cap of $1.59 billion, a P/E ratio of 7.99 and a beta of 0.69.

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.