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

Dundee Precious Metals logo with Basic Materials background

Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) announced a quarterly dividend on Monday, June 30th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.04 per share by the mining company on Tuesday, July 15th. This represents a $0.16 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Monday, June 30th.

Dundee Precious Metals Trading Down 0.3%

Dundee Precious Metals stock traded down C$0.07 during mid-day trading on Friday, hitting C$21.53. The stock had a trading volume of 1,143,383 shares, compared to its average volume of 639,003. The stock has a 50-day simple moving average of C$20.11 and a two-hundred day simple moving average of C$17.42. The stock has a market capitalization of C$2.66 billion, a PE ratio of 13.56, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals has a 12 month low of C$10.63 and a 12 month high of C$22.67.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Royal Bank Of Canada raised their price target on Dundee Precious Metals from C$21.00 to C$23.00 in a report on Friday, April 4th. Canaccord Genuity Group upped their target price on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. CIBC lifted their price objective on Dundee Precious Metals from C$23.00 to C$25.00 in a research note on Monday, June 16th. Jefferies Financial Group increased their target price on Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. Finally, Stifel Nicolaus raised their target price on shares of Dundee Precious Metals from C$19.50 to C$23.75 in a report on Monday, April 21st.

Get Our Latest Report on DPM

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.

Further Reading

Dividend History for Dundee Precious Metals (TSE:DPM)

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