Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) Director Marie-Anne Tawil sold 5,014 shares of the stock in a transaction on Tuesday, March 14th. The shares were sold at an average price of C$9.19, for a total value of C$46,078.66.
Dundee Precious Metals Stock Down 2.1 %
DPM opened at C$9.81 on Friday. 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 business has a 50-day moving average of C$8.96 and a 200-day moving average of C$8.93. 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 company has a market capitalization of C$1.78 billion, a PE ratio of 7.43, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.
Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share 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 firm had revenue of C$189.66 million for the quarter. Equities research analysts forecast that Dundee Precious Metals Inc. will post 1.1075388 EPS for the current fiscal year.
Dundee Precious Metals Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be paid a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Wednesday, March 27th. Dundee Precious Metals’s payout ratio is 16.67%.
Wall Street Analysts Forecast Growth
DPM has been the subject of a number of recent analyst reports. BMO Capital Markets increased their price target on Dundee Precious Metals from C$14.00 to C$15.00 in a research report on Wednesday, December 13th. Stifel Nicolaus raised their price objective 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. Jefferies Financial Group set a C$13.00 price objective on Dundee Precious Metals and gave the stock a “buy” rating in a research report on Thursday, February 29th. Scotiabank decreased their price objective on Dundee Precious Metals from C$13.50 to C$13.25 in a research report on Thursday, February 15th. Finally, Royal Bank of Canada decreased their price objective 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. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Dundee Precious Metals presently has a consensus rating of “Buy” and an average target price of C$13.34.
View Our Latest Research Report on DPM
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.
Further Reading
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