PI Global Investments
Precious Metals

Dundee Precious Metals (OTCMKTS:DPMLF) Given New C$8.75 Price Target at Dundee Securities

Dundee Precious Metals (OTCMKTS:DPMLFGet Rating) had its price target reduced by Dundee Securities from C$10.50 to C$8.75 in a research note issued to investors on Thursday, The Fly reports. The brokerage presently has a “sector perform” rating on the stock.

A number of other analysts have also recently weighed in on the company. Scotiabank boosted their price target on Dundee Precious Metals from C$10.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 19th. National Bank Financial boosted their price target on Dundee Precious Metals from C$10.00 to C$10.50 in a research report on Monday, May 9th. BMO Capital Markets initiated coverage on Dundee Precious Metals in a research note on Wednesday, May 4th. They issued an “outperform” rating and a C$11.00 price objective on the stock. Finally, Stifel Nicolaus dropped their price objective on Dundee Precious Metals from C$13.25 to C$11.00 and set a “buy” rating on the stock in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Dundee Precious Metals presently has a consensus rating of “Moderate Buy” and an average target price of $10.86.

Dundee Precious Metals Trading Down 0.4 %

DPMLF opened at $4.63 on Thursday. The stock has a market cap of $883.54 million, a price-to-earnings ratio of 4.03 and a beta of 0.61. Dundee Precious Metals has a 1 year low of $4.26 and a 1 year high of $7.85. The stock has a fifty day moving average price of $5.42 and a 200 day moving average price of $5.84.

Dundee Precious Metals (OTCMKTS:DPMLFGet Rating) last released its quarterly earnings data on Wednesday, May 4th. The company reported $0.19 earnings per share (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 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.

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