Dundee Precious Metals (OTCMKTS:DPMLF) Shares Down 0.1% - Here's What Happened

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) shares dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as $13.48 and last traded at $13.84. Approximately 46,001 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 62,104 shares. The stock had previously closed at $13.85.

Wall Street Analyst Weigh In

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

Dundee Precious Metals Stock Up 3.4%

The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 11.63 and a beta of 0.53. The stock's 50-day simple moving average is $13.49 and its two-hundred day simple moving average is $11.35.

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

About Dundee Precious Metals

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.