Dye & Durham stock falls 7.41 percent after index removal
Published on 09/24/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Dye & Durham stock closed at CAD 0.50 on the TSX on September 23, 2026, down 7.41 percent from CAD 0.54. The latest market pressure followed the company's removal from the S&P Global BMI Index on September 20, 2026, according to MarketScreener.
Stock trades near yearly low
The TSX quote puts the share at CAD 0.03 above its 52-week low of CAD 0.47 and CAD 8.25 below its 52-week high of CAD 8.75, with both reference points dated September 23, 2026.
The daily comparison is equally clear: the stock moved from CAD 0.54 to CAD 0.50, a decline of CAD 0.04. Market capitalization stood at CAD 33,591,180 on the same date, while trading volume reached 577,024 shares.
Revenue falls across fiscal 2026
Dye & Durham reported revenue of CAD 91.2 million for the three months ended March 31, 2026, and CAD 306.5 million for the nine months ended that date, according to the company's Dye & Durham release dated August 31, 2026.
The same release reported net income of CAD 66.0 million for the quarter. A separate September 17 report said adjusted EBITDA reached CAD 42.9 million in the quarter, down 19 percent year over year, while revenue fell 12 percent to CAD 91.2 million, according to AInvest.
Leadership adds a second variable
Todd Schulte became interim chief executive officer on August 31, 2026, after joining the company as chief operating officer in July. Angela Zhang became board chair, giving the strategic review a new leadership structure.
For investors, the key tension is visible in the numbers: nine-month revenue of CAD 306.5 million contrasts with a share price only CAD 0.03 above its yearly low. The stock's next direction depends on operating stabilization, balance-sheet progress and the outcome of the strategic review.
CAD 0.50 marks the latest close
Dye & Durham stock closed at CAD 0.50 on the TSX on September 23, 2026. The quote was CAD 8.25 below the 52-week high of CAD 8.75 and CAD 0.03 above the 52-week low of CAD 0.47.
Dye & Durham stock data
- Company: Dye & Durham Limited
- Ticker: DND
- Trading venue: TSX
- Closing price (September 23, 2026): CAD 0.50
- Market capitalization: CAD 33,591,180 (as of September 23, 2026)
- 52-week range: CAD 0.47-8.75 (as of September 23, 2026)
- Sector / Industry: Technology / Software - Application
