Dundee Precious Metals (TSE:DPM - Free Report) had its price objective lifted by CIBC from C$16.00 to C$17.00 in a research note issued to investors on Thursday,BayStreet.CA reports.
Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group increased their price objective on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a research note on Friday, October 4th. BMO Capital Markets upped their price objective on Dundee Precious Metals from C$15.50 to C$18.50 in a research note on Monday, October 21st. Scotiabank boosted their price target on Dundee Precious Metals from C$16.50 to C$18.00 in a report on Thursday, November 21st. Finally, Royal Bank of Canada increased their target price on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th.
View Our Latest Analysis on Dundee Precious Metals
Dundee Precious Metals Trading Down 1.9 %
Shares of TSE DPM traded down C$0.25 during midday trading on Thursday, hitting C$12.85. 542,922 shares of the company traded hands, compared to its average volume of 483,244. The company has a debt-to-equity ratio of 1.31, a quick ratio of 6.61 and a current ratio of 7.09. Dundee Precious Metals has a 12-month low of C$7.79 and a 12-month high of C$14.81. The firm has a market cap of C$2.31 billion, a P/E ratio of 8.45, a P/E/G ratio of 0.04 and a beta of 1.20. The stock has a 50-day moving average price of C$13.42 and a 200 day moving average price of C$12.67.
Dundee Precious Metals Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.054 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Tuesday, December 31st. Dundee Precious Metals's dividend payout ratio is currently 14.47%.
Insider Transactions at Dundee Precious Metals
In other Dundee Precious Metals news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the company's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of C$13.86, for a total transaction of C$101,635.38. Corporate 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
Before you consider Dundee Precious Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dundee Precious Metals wasn't on the list.
While Dundee Precious Metals currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
