Dundee Precious Metals Inc. (OTCMKTS:DPMLF) to Issue Quarterly Dividend of $0.04

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) announced a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.04 per share on Tuesday, April 15th. This represents a $0.16 annualized dividend and a yield of 1.20%. The ex-dividend date is Monday, March 31st.

Dundee Precious Metals Stock Up 0.8 %

DPMLF traded up $0.11 during mid-day trading on Wednesday, reaching $13.38. 20,752 shares of the company traded hands, compared to its average volume of 69,255. The stock has a market capitalization of $2.30 billion, a P/E ratio of 10.21 and a beta of 0.62. Dundee Precious Metals has a 52-week low of $7.35 and a 52-week high of $13.54. The company's fifty day moving average price is $11.68 and its 200-day moving average price is $10.35.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.46 earnings per share for the quarter, beating 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%. As a group, sell-side analysts forecast that Dundee Precious Metals will post 1.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TD Securities upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research report on Tuesday, February 4th.

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.