PI Global Investments
Precious Metals

Brokerages Set Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Price Target at $11.07


Dundee Precious Metals Inc. (OTCMKTS:DPMLFGet Rating) has received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $10.86.

DPMLF has been the subject of a number of analyst reports. BMO Capital Markets assumed coverage on shares of Dundee Precious Metals in a report on Wednesday, May 4th. They set an “outperform” rating and a C$11.00 price objective for the company. National Bank Financial raised their price target on shares of Dundee Precious Metals from C$10.00 to C$10.50 in a research note on Monday, May 9th. Dundee Securities lowered their price target on Dundee Precious Metals from C$10.50 to C$8.75 and set a “sector perform” rating on the stock in a research report on Thursday. Stifel Nicolaus dropped their target price on shares of Dundee Precious Metals from C$13.25 to C$11.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Scotiabank upped their price objective on shares of Dundee Precious Metals from C$10.50 to C$13.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 19th.

Dundee Precious Metals Stock Down 0.4 %

Shares of DPMLF opened at $4.63 on Wednesday. The stock’s 50-day moving average price is $5.42 and its 200 day moving average price is $5.84. Dundee Precious Metals has a 12-month low of $4.26 and a 12-month high of $7.85. The firm has a market capitalization of $883.54 million, a price-to-earnings ratio of 4.03 and a beta of 0.61.

Dundee Precious Metals (OTCMKTS:DPMLFGet Rating) last issued its earnings results on Wednesday, May 4th. The company reported $0.19 EPS for the quarter. Dundee Precious Metals had a return on equity of 21.58% and a net margin of 33.00%. The firm had revenue of $153.80 million during the quarter.

Dundee Precious Metals Announces Dividend

The company also recently announced a dividend, which was paid on Friday, July 15th. Stockholders of record on Thursday, June 30th were paid a $0.04 dividend. The ex-dividend date was Wednesday, June 29th. This represents a dividend yield of 2.8%. Dundee Precious Metals’s dividend payout ratio (DPR) is currently 13.91%.

Dundee Precious Metals Company Profile

(Get Rating)

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech operation, which produces a gold-copper concentrate containing gold, copper, and silver and a pyrite concentrate containing gold located to the east of Sofia, Bulgaria; the Ada Tepe operation that produces a gold concentrate containing gold and silver located in southern Bulgaria, near the town of Krumovgrad; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia.

See Also

Analyst Recommendations for Dundee Precious Metals (OTCMKTS:DPMLF)



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