DREAM Unlimited Corp (DRM) Director Acquires C$210,700.00 in Stock

DREAM Unlimited Corp (TSE:DRM) Director Michael Cooper bought 30,100 shares of the firm’s stock in a transaction that occurred on Thursday, November 29th. The shares were acquired at an average cost of C$7.00 per share, for a total transaction of C$210,700.00.

Michael Cooper also recently made the following trade(s):

  • On Tuesday, November 27th, Michael Cooper bought 94,700 shares of DREAM Unlimited stock. The shares were acquired at an average cost of C$7.00 per share, for a total transaction of C$662,900.00.
  • On Friday, November 23rd, Michael Cooper bought 6,600 shares of DREAM Unlimited stock. The shares were acquired at an average cost of C$7.00 per share, for a total transaction of C$46,200.00.
  • On Monday, November 19th, Michael Cooper bought 26,600 shares of DREAM Unlimited stock. The shares were acquired at an average cost of C$7.00 per share, for a total transaction of C$186,200.00.
  • On Wednesday, November 21st, Michael Cooper bought 6,500 shares of DREAM Unlimited stock. The shares were acquired at an average cost of C$7.00 per share, for a total transaction of C$45,500.00.
  • On Friday, November 16th, Michael Cooper bought 575,600 shares of DREAM Unlimited stock. The shares were acquired at an average cost of C$7.00 per share, for a total transaction of C$4,029,200.00.

TSE DRM traded up C$0.10 during trading on Friday, hitting C$7.14. 124,797 shares of the stock traded hands, compared to its average volume of 81,550. The company has a debt-to-equity ratio of 88.02, a quick ratio of 0.99 and a current ratio of 3.16. DREAM Unlimited Corp has a 12-month low of C$6.70 and a 12-month high of C$10.46.

Several equities analysts have weighed in on DRM shares. Canaccord Genuity raised their price target on DREAM Unlimited from C$12.75 to C$13.00 in a report on Thursday, August 16th. CIBC cut their price target on DREAM Unlimited from C$11.75 to C$10.50 in a report on Thursday, November 15th. Finally, TD Securities cut their price target on DREAM Unlimited from C$12.50 to C$11.00 and set a “buy” rating for the company in a report on Thursday, November 15th.

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About DREAM Unlimited

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.

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