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Dundee Precious Metals (OTCMKTS:DPMLF) Reaches New 1-Year High - Still a Buy?

Dundee Precious Metals logo with Basic Materials background

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $11.30 and last traded at $11.21, with a volume of 106517 shares. The stock had previously closed at $11.01.

Wall Street Analysts Forecast Growth

Separately, TD Securities raised Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th.

View Our Latest Stock Analysis on DPMLF

Dundee Precious Metals Stock Up 1.3 %

The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 10.14 and a beta of 0.66. The firm has a fifty day moving average price of $9.71 and a 200-day moving average price of $9.65.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a net margin of 35.59% and a return on equity of 16.96%. Equities research analysts anticipate that Dundee Precious Metals Inc. will post 1.17 earnings per share for the current fiscal year.

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.

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