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November 21, 2024
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Precious Metals

National Bankshares Increases Dundee Precious Metals (TSE:DPM) Price Target to C$14.00



Dundee Precious Metals (TSE:DPMGet Free Report) had its target price raised by equities researchers at National Bankshares from C$13.50 to C$14.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. National Bankshares’ price objective points to a potential upside of 27.62% from the stock’s previous close.

A number of other research analysts have also recently commented on DPM. Canaccord Genuity Group boosted their price objective on Dundee Precious Metals from C$13.00 to C$13.25 in a research note on Tuesday, April 23rd. Stifel Nicolaus lifted their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research note on Friday, April 19th. Scotiabank lifted their price target on shares of Dundee Precious Metals from C$13.25 to C$14.00 in a research note on Thursday, May 2nd. 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. Finally, CIBC increased their target price on Dundee Precious Metals from C$11.50 to C$13.00 in a research note on Monday, April 15th.

Check Out Our Latest Analysis on Dundee Precious Metals

Dundee Precious Metals Trading Down 0.1 %

Shares of Dundee Precious Metals stock opened at C$10.97 on Wednesday. The business has a 50 day moving average price of C$10.41 and a 200 day moving average price of C$9.49. Dundee Precious Metals has a 1 year low of C$7.79 and a 1 year high of C$11.32. The company has a market capitalization of C$1.99 billion, a P/E ratio of 8.19, a P/E/G ratio of 0.04 and a beta of 1.24. The company has a debt-to-equity ratio of 1.12, a current ratio of 6.70 and a quick ratio of 6.61.

Dundee Precious Metals (TSE:DPMGet Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.10). The business had revenue of C$189.66 million during the quarter. Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. Sell-side analysts anticipate that Dundee Precious Metals will post 1.3451327 EPS for the current fiscal year.

Insider Transactions at Dundee Precious Metals

In related news, Senior Officer Kelly Elizabeth Stark-Anderson sold 13,575 shares of the business’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of C$10.92, for a total transaction of C$148,239.00. In related news, Senior Officer Kelly Elizabeth Stark-Anderson sold 13,575 shares of the business’s stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of C$10.92, for a total transaction of C$148,239.00. Also, Director Robert Peter Charles Gillin sold 8,620 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$9.90, for a total value of C$85,338.00. In the last three months, insiders have sold 99,632 shares of company stock worth $1,014,578. 0.09% of the stock is currently owned by insiders.

About Dundee Precious Metals

(Get Free Report)

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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