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

Dundee Precious Metals (TSE:DPM - Get Free Report) had its target price upped by Canaccord Genuity Group from C$23.00 to C$25.00 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the mining company's stock. Canaccord Genuity Group's target price would indicate a potential upside of 18.76% from the stock's current price.

DPM has been the subject of a number of other research reports. Scotiabank raised their price target on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a report on Monday. TD Securities upped their target price on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the company a "buy" rating in a research note on Monday. CIBC raised their price target on Dundee Precious Metals from C$23.00 to C$25.00 in a research report on Monday. Jefferies Financial Group upped their target price on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a research note 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 note on Friday, April 4th.

Dundee Precious Metals Stock Down 0.5%

DPM stock traded down C$0.11 during midday trading on Tuesday, reaching C$21.05. 408,812 shares of the company's stock traded hands, compared to its average volume of 619,570. Dundee Precious Metals has a 1-year low of C$10.52 and a 1-year high of C$22.67. The company has a market cap of C$2.60 billion, a price-to-earnings ratio of 13.26, a PEG ratio of 0.04 and a beta of 1.20. The company has a 50-day simple moving average of C$19.71 and a two-hundred day simple moving average of C$16.96.

Insider Buying and Selling at Dundee Precious Metals

In other news, Director Marie-Anne Tawil sold 10,000 shares of Dundee Precious Metals stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$19.08, for a total transaction of C$190,800.00. Corporate 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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