Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 2,029,300 shares, an increase of 22.1% from the January 31st total of 1,661,900 shares. Based on an average daily volume of 90,100 shares, the days-to-cover ratio is currently 22.5 days.
Wall Street Analysts Forecast Growth
Separately, TD Securities upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th.
Check Out Our Latest Stock Analysis on DPMLF
Dundee Precious Metals Stock Performance
Shares of DPMLF stock traded down $0.25 during mid-day trading on Monday, hitting $11.97. 92,253 shares of the stock were exchanged, compared to its average volume of 61,352. Dundee Precious Metals has a 12-month low of $7.17 and a 12-month high of $12.40. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 9.14 and a beta of 0.62. The stock's fifty day simple moving average is $10.53 and its two-hundred day simple moving average is $9.97.
Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. On average, research analysts expect that Dundee Precious Metals will post 1.52 earnings per share for the current fiscal year.
Dundee Precious Metals Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.04 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.16 annualized dividend and a yield of 1.34%. Dundee Precious Metals's dividend payout ratio (DPR) is 12.21%.
About Dundee Precious Metals
(
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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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