Dundee Precious Metals (TSE:DPM) PT Raised to C$14.00 at Scotiabank

Dundee Precious Metals (TSE:DPM - Get Free Report) had its price objective boosted by investment analysts at Scotiabank from C$13.25 to C$14.00 in a research note issued on Thursday, BayStreet.CA reports. Scotiabank's target price would suggest a potential upside of 31.70% from the company's previous close.

A number of other equities analysts also recently weighed in on the stock. Canaccord Genuity Group raised their target price on shares of Dundee Precious Metals from C$13.00 to C$13.25 in a research note on Tuesday, April 23rd. Stifel Nicolaus raised their target price on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research note on Friday, April 19th. Jefferies Financial Group set a C$13.00 target price on shares of Dundee Precious Metals and gave the company a "buy" rating in a research note on Thursday, February 29th. CIBC raised their target price on shares of Dundee Precious Metals from C$11.50 to C$13.00 in a research note on Monday, April 15th. Finally, National Bankshares reduced their price target on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a research report on Friday, April 19th.

Dundee Precious Metals Stock Up 0.8 %

DPM traded up C$0.08 on Thursday, hitting C$10.63. The company had a trading volume of 613,632 shares, compared to its average volume of 555,242. The company has a debt-to-equity ratio of 0.28, a current ratio of 6.70 and a quick ratio of 6.61. Dundee Precious Metals has a 52-week low of C$7.79 and a 52-week high of C$10.94. The stock has a fifty day simple moving average of C$10.15 and a 200-day simple moving average of C$9.35. The firm has a market capitalization of C$1.93 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.04 and a beta of 1.20.

Dundee Precious Metals (TSE:DPM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The mining company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.48 by C($0.10). Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. The company had revenue of C$189.66 million during the quarter. As a group, equities analysts expect that Dundee Precious Metals will post 1.137045 EPS for the current fiscal year.

Insider Activity at Dundee Precious Metals

In related news, Director Anthony P. Walsh sold 7,200 shares of the firm's stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of C$10.05, for a total value of C$72,360.00. Following the sale, the director now owns 550 shares in the company, valued at C$5,527.50. In related news, Director Anthony P. Walsh sold 7,200 shares of the firm's stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of C$10.05, for a total value of C$72,360.00. Following the sale, the director now owns 550 shares in the company, valued at C$5,527.50. Also, Director Nikolay Hristov sold 3,799 shares of the firm's stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of C$10.10, for a total transaction of C$38,369.90. Insiders sold 79,790 shares of company stock valued at $798,029 over the last 90 days. Corporate insiders own 0.11% of the company's stock.

About Dundee Precious Metals

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.