2023: Dundee Corp reports $23.0M net loss in portfolio investments, down from $53.6M in 2022, due to market depreciation.
Dundee Corporation, a Canadian investment firm, reported a net loss of $23.0M in portfolio investments for 2023, down from $53.6M in 2022, due to market depreciation in holdings. The company reduced general and administrative expenses by 65% to $16.1M and purchased 914,040 of outstanding shares for $18.7M. Despite the decline, Dundee remains optimistic about growth in the mining sector.
March 28, 2024
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