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Dundee Precious Metals (TSE:DPM) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Dundee Precious Metals logo with Basic Materials background

Shares of Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$15.44 and traded as high as C$18.00. Dundee Precious Metals shares last traded at C$17.68, with a volume of 435,633 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. CIBC raised their price target on shares of Dundee Precious Metals from C$18.00 to C$21.00 in a research report on Thursday, April 17th. Jefferies Financial Group lifted their target price on Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. Stifel Nicolaus increased their price target on Dundee Precious Metals from C$19.50 to C$23.75 in a research report on Monday, April 21st. Royal Bank of Canada boosted their price objective on Dundee Precious Metals from C$21.00 to C$23.00 in a research report on Friday, April 4th. Finally, TD Securities upgraded Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th.

Get Our Latest Report on DPM

Dundee Precious Metals Stock Up 3.4 %

The company has a 50 day moving average price of C$18.29 and a 200-day moving average price of C$15.49. The company has a market cap of C$2.26 billion, a P/E ratio of 11.52, a PEG ratio of 0.04 and a beta of 1.20.

Insider Buying and Selling at Dundee Precious Metals

In other news, Director Marie-Anne Tawil sold 10,000 shares of the company's stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$19.08, for a total value of C$190,800.00. Also, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of C$17.06, for a total value of C$115,155.00. In the last 90 days, insiders have sold 42,583 shares of company stock valued at $780,496. Company insiders own 0.16% of the company's stock.

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

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