Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of Dundee Precious Metals stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of C$10.13, for a total value of C$205,294.58.
Dundee Precious Metals Stock Performance
TSE:DPM opened at C$9.81 on Monday. The company has a current ratio of 6.70, a quick ratio of 6.61 and a debt-to-equity ratio of 0.28. The company has a market capitalization of C$1.78 billion, a P/E ratio of 7.43, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The firm has a 50-day moving average price of C$8.96 and a two-hundred day moving average price of C$8.93. Dundee Precious Metals Inc. has a twelve month low of C$7.79 and a twelve month high of C$10.78.
Dundee Precious Metals (TSE:DPM – Get Free Report) last released its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.48 by C($0.10). Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. The business had revenue of C$189.66 million during the quarter. As a group, research analysts expect that Dundee Precious Metals Inc. will post 1.1075388 earnings per share for the current fiscal year.
Dundee Precious Metals Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Sunday, March 31st will be paid a dividend of $0.054 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.20%. Dundee Precious Metals’s dividend payout ratio (DPR) is 16.67%.
Wall Street Analyst Weigh In
DPM has been the topic of a number of analyst reports. Royal Bank of Canada decreased their price target on Dundee Precious Metals from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 20th. BMO Capital Markets lifted their price target on Dundee Precious Metals from C$14.00 to C$15.00 in a research note on Wednesday, December 13th. Canaccord Genuity Group lifted their price target on Dundee Precious Metals from C$10.50 to C$12.50 in a research note on Thursday, November 30th. Scotiabank decreased their price target on Dundee Precious Metals from C$13.50 to C$13.25 in a research note on Thursday, February 15th. Finally, Stifel Nicolaus lifted their price target on Dundee Precious Metals from C$12.25 to C$13.00 and gave the company a “buy” rating in a research note on Tuesday, December 12th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Dundee Precious Metals currently has a consensus rating of “Buy” and an average price target of C$13.34.
Check Out Our Latest Stock Analysis on Dundee Precious Metals
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.
Further Reading
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