Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 52-Week High - Still a Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $13.10 and last traded at $12.86, with a volume of 73921 shares. The stock had previously closed at $12.91.

Wall Street Analyst Weigh In

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

Dundee Precious Metals Trading Down 0.1 %

The company has a market cap of $2.21 billion, a P/E ratio of 9.82 and a beta of 0.62. The business's fifty day moving average is $11.19 and its 200 day moving average is $10.16.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. As a group, research analysts expect that Dundee Precious Metals Inc. will post 1.52 EPS for the current fiscal year.

Dundee Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.04 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.16 dividend on an annualized basis and a yield of 1.24%. Dundee Precious Metals's dividend payout ratio is 12.21%.

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.