Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) Senior Officer David Rae sold 6,301 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of C$9.89, for a total value of C$62,316.89.
David Rae also recently made the following trade(s):
- On Monday, March 11th, David Rae sold 12,497 shares of Dundee Precious Metals stock. The stock was sold at an average price of C$9.97, for a total value of C$124,595.09.
Dundee Precious Metals Stock Performance
TSE:DPM opened at C$10.05 on Tuesday. The firm’s fifty day simple moving average is C$8.82 and its 200 day simple moving average is C$8.89. The company has a current ratio of 6.70, a quick ratio of 6.61 and a debt-to-equity ratio of 0.28. Dundee Precious Metals Inc. has a twelve month low of C$7.79 and a twelve month high of C$10.78. The firm has a market capitalization of C$1.82 billion, a price-to-earnings ratio of 7.61, a PEG ratio of 0.04 and a beta of 1.20.
Dundee Precious Metals (TSE:DPM – Get Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The mining company reported C$0.38 EPS for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.10). Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. The company had revenue of C$189.66 million for the quarter. As a group, equities 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 business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be issued a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Wednesday, March 27th. Dundee Precious Metals’s dividend payout ratio is presently 16.67%.
Analysts Set New Price Targets
A number of research analysts have recently commented on DPM shares. BMO Capital Markets upped their price objective on shares of Dundee Precious Metals from C$14.00 to C$15.00 in a research note on Wednesday, December 13th. Scotiabank lowered their price objective on shares of Dundee Precious Metals from C$13.50 to C$13.25 in a research note on Thursday, February 15th. Jefferies Financial Group set a C$13.00 price objective on Dundee Precious Metals and gave the stock a “buy” rating in a report on Thursday, February 29th. Stifel Nicolaus lifted their target price on Dundee Precious Metals from C$12.25 to C$13.00 and gave the company a “buy” rating in a report on Tuesday, December 12th. Finally, Canaccord Genuity Group upped their price target on Dundee Precious Metals from C$10.50 to C$12.50 in a research note on Thursday, November 30th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Dundee Precious Metals presently has a consensus rating of “Buy” and an average target price of C$13.34.
Check Out Our Latest Research Report 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.
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