Dundee Precious Metals Inc. (OTCMKTS:DPMLF – Get Free Report)’s share price rose 3.7% during trading on Friday . The stock traded as high as $7.07 and last traded at $7.03. Approximately 11,866 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 23,183 shares. The stock had previously closed at $6.78.
Dundee Precious Metals Trading Up 3.7 %
The company has a 50-day simple moving average of $6.33 and a 200 day simple moving average of $6.48. The company has a market cap of $1.28 billion, a P/E ratio of 6.76 and a beta of 0.66.
Dundee Precious Metals (OTCMKTS:DPMLF – Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share (EPS) for the quarter. Dundee Precious Metals had a return on equity of 17.55% and a net margin of 32.28%. The business had revenue of $139.30 million for the quarter.
Dundee Precious Metals Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Sunday, March 31st will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Wednesday, March 27th. Dundee Precious Metals’s payout ratio is 15.38%.
Dundee Precious Metals Company Profile
Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.
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