Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$16.09 and traded as high as C$21.10. Dundee Precious Metals shares last traded at C$21.10, with a volume of 190,592 shares traded.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on DPM shares. Royal Bank of Canada raised their price objective on Dundee Precious Metals from C$21.00 to C$23.00 in a research report on Friday, April 4th. CIBC increased their price objective on Dundee Precious Metals from C$18.00 to C$21.00 in a research report on Thursday, April 17th. Stifel Nicolaus upped their price target on shares of Dundee Precious Metals from C$19.50 to C$23.75 in a research note on Monday, April 21st. TD Securities upgraded Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Jefferies Financial Group boosted their price target on Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th.
Read Our Latest Stock Analysis on Dundee Precious Metals
Dundee Precious Metals Price Performance
The business's 50-day simple moving average is C$19.06 and its two-hundred day simple moving average is C$16.22. The stock has a market cap of C$2.60 billion, a price-to-earnings ratio of 13.26, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.
Insider Activity
In related news, Senior Officer Iliya Garkov sold 12,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of C$18.49, for a total transaction of C$221,880.00. Also, Director Marie-Anne Tawil sold 10,000 shares of the firm's 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. Over the last 90 days, insiders sold 35,833 shares of company stock valued at $665,341. Insiders own 0.16% of the company's stock.
Dundee Precious Metals Company Profile
(
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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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