DMLP - Leslie A Moriyama Takes a Bullish Stance: Acquires $405K In Dorchester Minerals Stock | Benzinga
On December 18, a substantial insider purchase was made by Leslie A Moriyama, Chief Financial Officer at Dorchester Minerals (NASDAQ:DMLP), as per the latest SEC filing.
What Happened: Moriyama demonstrated confidence in Dorchester Minerals by purchasing 13,052 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the transaction is $405,003.
The latest market snapshot at Tuesday morning reveals Dorchester Minerals shares up by 0.39%, trading at $31.0.
Discovering Dorchester Minerals: A Closer Look
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Dorchester Minerals: Financial Performance Dissected
Negative Revenue Trend: Examining Dorchester Minerals's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -3.32% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company ...