Dundee Precious Metals (OTCMKTS:DPMLF) Hits New 1-Year High - What's Next?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $17.43 and last traded at $17.43, with a volume of 4573 shares traded. The stock had previously closed at $17.20.

Analyst Ratings Changes

Separately, National Bankshares reiterated an "outperform" rating on shares of Dundee Precious Metals in a research note on Wednesday, July 16th.

Dundee Precious Metals Stock Down 1.6%

The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 13.45 and a beta of 0.59. The stock has a 50 day moving average of $15.69 and a 200 day moving average of $13.30.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.05. Dundee Precious Metals had a net margin of 35.64% and a return on equity of 20.64%. The firm had revenue of $144.15 million for the quarter, compared to analysts' expectations of $148.87 million. Analysts predict that Dundee Precious Metals Inc. will post 1.52 earnings per share for the current year.

Dundee Precious Metals Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st were issued a $0.04 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a yield of 1.04%. Dundee Precious Metals's dividend payout ratio is currently 12.80%.

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.