Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) Director Nikolay Hristov sold 3,799 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of C$10.10, for a total value of C$38,369.90.
Dundee Precious Metals Stock Performance
Shares of DPM opened at C$9.81 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 6.70 and a quick ratio of 6.61. The stock has a 50-day moving average of C$8.96 and a 200-day moving average of C$8.93. The company has a market cap of C$1.78 billion, a PE ratio of 7.43, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a one year low of C$7.79 and a one year high of C$10.78.
Dundee Precious Metals (TSE:DPM – Get Free Report) last issued its 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). The firm had revenue of C$189.66 million during the quarter. Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. On average, equities research analysts predict that Dundee Precious Metals Inc. will post 1.1075388 EPS for the current fiscal year.
Dundee Precious Metals Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders 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 yield of 2.20%. Dundee Precious Metals’s dividend payout ratio (DPR) is currently 16.67%.
Wall Street Analyst Weigh In
DPM has been the subject of several analyst reports. Jefferies Financial Group set a C$13.00 target price on Dundee Precious Metals and gave the stock a “buy” rating in a research report on Thursday, February 29th. BMO Capital Markets raised their target price on Dundee Precious Metals from C$14.00 to C$15.00 in a research report on Wednesday, December 13th. Stifel Nicolaus raised their target price on Dundee Precious Metals from C$12.25 to C$13.00 and gave the stock a “buy” rating in a research report on Tuesday, December 12th. Royal Bank of Canada lowered their target price on Dundee Precious Metals from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research report on Wednesday, December 20th. Finally, Canaccord Genuity Group increased their price target on Dundee Precious Metals from C$10.50 to C$12.50 in a report on Thursday, November 30th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$13.34.
Read Our Latest Analysis on DPM
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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