Dundee Precious Metals Inc. (TSE:DPM) Announces $0.04 Quarterly Dividend

Key Points

• Dundee Precious Metals Inc. announced a quarterly dividend of $0.04 per share, payable on October 15, 2023, to stockholders of record as of September 30, 2023.
• The company's stock traded down by 0.4% to C$22.40, with a market capitalization of C$2.77 billion and a price-to-earnings ratio of 14.11.
• Dundee Precious Metals specializes in the acquisition, exploration, and processing of gold, copper, and silver deposits across several countries including Bulgaria, Namibia, Serbia, and Ecuador.

Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) declared a quarterly dividend on Thursday, July 31st, RTT News reports. Shareholders of record on Tuesday, September 30th will be given a dividend of 0.04 per share by the mining company on Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 0.7%.

Dundee Precious Metals Price Performance

Shares of Dundee Precious Metals stock traded up C$1.58 on Monday, reaching C$23.98. 925,677 shares of the company traded hands, compared to its average volume of 645,812. The company has a 50 day moving average of C$21.86 and a 200 day moving average of C$19.07. Dundee Precious Metals has a 52 week low of C$11.22 and a 52 week high of C$24.65. The firm has a market capitalization of C$2.96 billion, a PE ratio of 15.11, a PEG ratio of 0.04 and a beta of 1.20.

Dundee Precious Metals Company Profile

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.