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Dorchester Minerals ( (DMLP) ) has provided an announcement.
Dorchester Minerals, L.P. announced the passing of C.W. (“Bill”) Russell, a manager of its General Partner, on October 30, 2025. Mr. Russell had been a member of the Advisory Committee since 2004. His death reduced the committee’s membership from three to two, causing non-compliance with Nasdaq’s audit committee requirements. The Partnership informed Nasdaq of this non-compliance and received a letter acknowledging the situation. Nasdaq has provided a cure period for the Partnership to regain compliance by either the next annual unitholders’ meeting or October 30, 2026. The Partnership plans to appoint a replacement who meets Nasdaq’s requirements before the cure period ends.
The most recent analyst rating on (DMLP) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Dorchester Minerals stock, see the DMLP Stock Forecast page.
Spark’s Take on DMLP Stock
According to Spark, TipRanks’ AI Analyst, DMLP is a Neutral.
Dorchester Minerals’ strong financial performance, characterized by high profitability and low leverage, is a key strength. However, bearish technical indicators and a relatively high P/E ratio suggest caution. The attractive dividend yield provides a positive offset, but declining revenue and cash flow trends need monitoring.
To see Spark’s full report on DMLP stock, click here.
More about Dorchester Minerals
Average Trading Volume: 121,083
Technical Sentiment Signal: Hold
Current Market Cap: $1.09B
For a thorough assessment of DMLP stock, go to TipRanks’ Stock Analysis page.