BidaskClub upgraded shares of Dorchester Minerals (NASDAQ:DMLP) from a sell rating to a hold rating in a research note released on Thursday.
NASDAQ DMLP opened at $16.03 on Thursday. The stock has a market cap of $517.45 million, a PE ratio of 10.55 and a beta of 0.76. Dorchester Minerals has a one year low of $14.40 and a one year high of $21.15.
Dorchester Minerals (NASDAQ:DMLP) last released its quarterly earnings results on Thursday, November 1st. The energy company reported $0.27 EPS for the quarter. The company had revenue of $13.94 million for the quarter. Dorchester Minerals had a return on equity of 57.56% and a net margin of 72.13%.
About Dorchester Minerals
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of producing and nonproducing natural gas and crude oil royalty, net profits, and leasehold interests in the United States. The company's royalty properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in 574 counties and parishes in 25 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.
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