The COO of Dorchester Minerals LP (NASDAQ: DMLP) is Buying Shares

By Carrie Williams

Today, the COO of Dorchester Minerals LP (DMLPResearch Report), Bradley Ehrman, bought shares of DMLP for $53.97K.

This recent transaction increases Bradley Ehrman’s holding in the company by 4.84% to a total of $1.17 million. In addition to Bradley Ehrman, one other DMLP executive reported Buy trades in the last month.

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The company has a one-year high of $21.15 and a one-year low of $14.11. Currently, Dorchester Minerals LP has an average volume of 42.44K. DMLP’s market cap is $608.3M and the company has a P/E ratio of 11.04.

The insider sentiment on Dorchester Minerals LP has been positive according to 21 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Dorchester Minerals LP engages in the acquisition, ownership, and administration of Royalty Properties. It includes producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company was founded in December 2001 and is headquartered in Dallas, TX.