Dundee Precious Metals (TSE:DPM) Price Target Raised to C$25.00

Dundee Precious Metals (TSE:DPM - Get Free Report) had its price target boosted by CIBC from C$23.00 to C$25.00 in a research note issued to investors on Monday,BayStreet.CA reports. CIBC's price target would suggest a potential upside of 18.26% from the company's previous close.

Other analysts have also recently issued research reports about the company. Stifel Nicolaus lifted their price target on Dundee Precious Metals from C$19.50 to C$23.75 in a research report on Monday, April 21st. TD Securities lifted their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a report on Monday. Jefferies Financial Group increased their price target on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a report on Friday, April 4th. Finally, Royal Bank of Canada raised their price target on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a research report on Friday, April 4th.

Dundee Precious Metals Trading Down 0.9%

Shares of TSE:DPM traded down C$0.20 on Monday, hitting C$21.14. 563,546 shares of the company were exchanged, compared to its average volume of 618,020. Dundee Precious Metals has a 1-year low of C$10.44 and a 1-year high of C$22.67. The stock's 50 day moving average price is C$19.64 and its 200 day moving average price is C$16.91. The firm has a market capitalization of C$2.61 billion, a P/E ratio of 13.32, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.

Insider Activity at Dundee Precious Metals

In other Dundee Precious Metals news, Director Marie-Anne Tawil sold 10,000 shares of Dundee Precious Metals stock in a transaction on Friday, March 28th. The shares were sold at an average price of C$19.08, for a total value of C$190,800.00. Company insiders own 0.16% of the company's stock.

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.

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