Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$19.95 and traded as high as C$25.69. Dundee Precious Metals shares last traded at C$25.51, with a volume of 472,454 shares.
Analyst Ratings Changes
A number of research firms have commented on DPM. Canaccord Genuity Group boosted their price objective on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a research note on Tuesday, June 17th. TD Securities boosted their price objective on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a research note on Monday, June 16th. Scotiabank boosted their price objective on Dundee Precious Metals from C$21.00 to C$23.00 in a research note on Monday, June 16th. Finally, CIBC boosted their price objective on Dundee Precious Metals from C$23.00 to C$25.00 in a research note on Monday, June 16th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of C$23.28.
Check Out Our Latest Analysis on DPM
Dundee Precious Metals Price Performance
The firm has a market cap of C$3.13 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The firm has a 50 day moving average price of C$23.03 and a 200-day moving average price of C$20.24.
Dundee Precious Metals Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.6%. 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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access