Shares of Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$23.25 and last traded at C$23.04, with a volume of 69982 shares trading hands. The stock had previously closed at C$22.36.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Jefferies Financial Group lifted their price target on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a report on Friday, April 4th. Royal Bank Of Canada upped their price objective on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a report on Friday, April 4th. Scotiabank boosted their target price on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a research report on Monday, June 16th. TD Securities upped their price objective on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a research report on Monday, June 16th. Finally, CIBC upped their price objective on shares of Dundee Precious Metals from C$23.00 to C$25.00 in a research report on Monday, June 16th.
Read Our Latest Stock Report on DPM
Dundee Precious Metals Stock Performance
The stock's 50 day moving average is C$21.38 and its 200 day moving average is C$18.54. The company has a market capitalization of C$2.87 billion, a PE ratio of 14.65, a PEG ratio of 0.04 and a beta of 1.20.
Dundee Precious Metals Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were given a dividend of $0.04 per share. The ex-dividend date was Monday, June 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.69%. Dundee Precious Metals's dividend payout ratio (DPR) is presently 13.86%.
About Dundee Precious Metals
(
Get Free Report)
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.
See Also
Before you consider Dundee Precious Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dundee Precious Metals wasn't on the list.
While Dundee Precious Metals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
