Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$19.54 and traded as high as C$24.50. Dundee Precious Metals shares last traded at C$24.09, with a volume of 519,173 shares.
Analyst Ratings Changes
DPM has been the subject of several research analyst reports. CIBC increased their price objective on Dundee Precious Metals from C$23.00 to C$25.00 in a research note on Monday, June 16th. TD Securities raised their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the company a "buy" rating in a report on Monday, June 16th. Scotiabank boosted their price target on Dundee Precious Metals from C$21.00 to C$23.00 in a research note on Monday, June 16th. 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. Finally, Stifel Nicolaus boosted their target price on Dundee Precious Metals from C$19.50 to C$23.75 in a research report on Monday, April 21st.
Check Out Our Latest Stock Report on DPM
Dundee Precious Metals Trading Down 0.4%
The firm has a market cap of C$3.03 billion, a P/E ratio of 15.47, a PEG ratio of 0.04 and a beta of 1.20. The company has a fifty day moving average price of C$22.35 and a two-hundred day moving average price of C$19.75.
Dundee Precious Metals Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. Dundee Precious Metals's payout ratio 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.
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