Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 52-Week High - Still a Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $15.43 and last traded at $15.40, with a volume of 45855 shares changing hands. The stock had previously closed at $15.23.

Wall Street Analysts Forecast Growth

Several research firms have commented on DPMLF. TD Securities upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research report on Tuesday, February 4th. National Bankshares restated an "outperform" rating on shares of Dundee Precious Metals in a research report on Wednesday, April 23rd.

Dundee Precious Metals Trading Down 1.2%

The stock has a market cap of $2.57 billion, a P/E ratio of 11.71 and a beta of 0.53. The firm's 50-day simple moving average is $13.69 and its 200 day simple moving average is $11.52.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.27 by $0.05. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. The firm had revenue of $144.15 million during the quarter, compared to analysts' expectations of $148.87 million. On average, analysts anticipate that Dundee Precious Metals Inc. will post 1.52 EPS for the current year.

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.