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

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) announced a quarterly dividend on Thursday, July 31st, RTT News reports. Stockholders 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 Trading Down 0.4%

Shares of Dundee Precious Metals stock traded down C$0.10 during trading hours on Thursday, hitting C$22.40. 1,009,707 shares of the company were exchanged, compared to its average volume of 643,908. Dundee Precious Metals has a 1 year low of C$11.22 and a 1 year high of C$23.74. The business has a 50-day moving average of C$21.75 and a 200-day moving average of C$18.87. The stock has a market capitalization of C$2.77 billion, a price-to-earnings ratio of 14.11, a P/E/G 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.