DGSE Stock Trading Halted

DGSE, the Dallas-based company that runs Dallas Gold & Silver Exchange and several other jewelry retail and wholesale businesses, announced that trading in its common stock has been halted because of its inability to comply with disclosure regulations of the American Stock Exchange.

The company is evaluating the need to restate prior financial statements.

“While we are disappointed by the trading halt, we are confident that the operation of our business will continue without disruption to our customers, business partnerst or employees,” William Oyster, DGSE’s CEO and chairman, said in a statement.