Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) Senior Officer Iliya Garkov sold 8,666 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of C$9.92, for a total value of C$85,966.72.
Dundee Precious Metals Trading Down 0.7 %
Shares of Dundee Precious Metals stock opened at C$10.30 on Friday. The firm has a market capitalization of C$1.87 billion, a price-to-earnings ratio of 7.74, a PEG ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a fifty-two week low of C$7.79 and a fifty-two week high of C$10.78. The company has a debt-to-equity ratio of 0.28, a quick ratio of 6.61 and a current ratio of 6.70. The stock has a 50 day moving average of C$9.14 and a 200 day moving average of C$8.98.
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 return on equity of 17.22% and a net margin of 37.10%. The firm had revenue of C$189.66 million for the quarter. As a group, research analysts predict that Dundee Precious Metals Inc. will post 1.1101322 earnings per share for the current year.
Dundee Precious Metals Cuts 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 $0.054 per share. The ex-dividend date is Wednesday, March 27th. This represents a $0.22 annualized dividend and a dividend yield of 2.10%. Dundee Precious Metals’s dividend payout ratio is currently 16.54%.
Analyst Upgrades and Downgrades
DPM has been the subject of a number of research analyst reports. Jefferies Financial Group set a C$13.00 target price on Dundee Precious Metals and gave the company a “buy” rating in a report on Thursday, February 29th. Stifel Nicolaus increased their price target 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. Scotiabank cut their price target on Dundee Precious Metals from C$13.50 to C$13.25 in a report on Thursday, February 15th. Royal Bank of Canada cut their price target on Dundee Precious Metals from C$15.00 to C$14.00 and set an “outperform” rating for the company in a report on Wednesday, December 20th. Finally, BMO Capital Markets increased their price target on Dundee Precious Metals from C$14.00 to C$15.00 in a report on Wednesday, December 13th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Dundee Precious Metals presently has a consensus rating of “Buy” and an average target price of C$13.34.
Get Our Latest Stock Analysis on Dundee Precious Metals
About Dundee Precious Metals
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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