Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$15.78 and traded as high as C$18.96. Dundee Precious Metals shares last traded at C$18.86, with a volume of 499,955 shares.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on DPM shares. Stifel Nicolaus raised their price objective on shares of Dundee Precious Metals from C$19.50 to C$23.75 in a research note on Monday, April 21st. Jefferies Financial Group raised their price objective on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th. Royal Bank of Canada raised their price objective on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a research note on Friday, April 4th. Finally, CIBC raised their price objective on shares of Dundee Precious Metals from C$18.00 to C$21.00 in a research note on Thursday, April 17th.
Get Our Latest Analysis on DPM
Dundee Precious Metals Stock Down 0.7%
The business's 50-day moving average is C$18.79 and its two-hundred day moving average is C$15.94. The company has a market capitalization of C$2.51 billion, a P/E ratio of 12.79, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.
Insider Activity at Dundee Precious Metals
In related news, Senior Officer Iliya Garkov sold 12,000 shares of the firm's stock in a transaction dated 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 Dundee Precious Metals stock in a transaction dated Friday, March 28th. The stock was sold at an average price of C$19.08, for a total transaction of C$190,800.00. Insiders have sold 35,833 shares of company stock valued at $665,341 over the last ninety days. Corporate 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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