Dundee Precious Metals (OTCMKTS:DPMLF) Shares Gap Down - Time to Sell?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $16.56, but opened at $16.01. Dundee Precious Metals shares last traded at $16.46, with a volume of 2,202 shares changing hands.

Analyst Upgrades and Downgrades

Separately, National Bankshares restated an "outperform" rating on shares of Dundee Precious Metals in a report on Wednesday.

Dundee Precious Metals Stock Performance

The business's 50 day moving average is $15.39 and its 200-day moving average is $13.09. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 13.03 and a beta of 0.59.

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

Dundee Precious Metals Dividend Announcement

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