Dunnedin Ventures Inc (CDX:DVI:CA) came out strong at the opening of trading on April 21, outpacing most other miscellaneous sector peers listed on the TSX Venture Exchange with an early advance of 1.67%. After closing the previous session at $0.3, shares of DVI:CA opened this morning at $0.305 and are currently trading at $0.305. So far, about 10,000 shares have changed hands, compared to an average 30-day volume of 85,207 for Dunnedin Ventures Inc. Shares moved as high as $0.305 and as low as $0.305 in today’s early action.
The share appreciation gives the company a market capitalization of $23.16 million based upon 77.19 million shares outstanding.
In the past 52 weeks, shares of Dunnedin Ventures Inc have traded as low as $0.05 and as high as $0.42. Technical traders will take note that at $0.305, shares of DVI:CA are trading below their 50-day moving average (MA) at $0.353 and above their 200-day MA at above $0.242. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them or holding over them is typically regarded as bullish.
Who is $Dunnedin Ven?
Dunnedin Ventures Inc is a mineral exploration company The Company is engaged in exploration and development of base, precious metals and diamonds throughout the America. The company is led by its CEO Christopher Taylor from its headquarters at 800 West Pender Street.
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About the TSX Venture Exchange
Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.
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