Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 12-Month High - Should You Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.75 and last traded at $13.61, with a volume of 64533 shares. The stock had previously closed at $14.38.

Analyst Ratings Changes

DPMLF has been the subject of a number of research reports. TD Securities upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th. National Bankshares restated an "outperform" rating on shares of Dundee Precious Metals in a research note on Wednesday, April 2nd.

Dundee Precious Metals Stock Down 5.4 %

The business has a 50-day moving average price of $12.67 and a two-hundred day moving average price of $10.73. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 10.39 and a beta of 0.53.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last released 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 38.84% and a return on equity of 19.41%. On average, sell-side analysts anticipate that Dundee Precious Metals Inc. will post 1.52 EPS for the current fiscal year.

Dundee Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.04 per share. The ex-dividend date was Monday, March 31st. This represents a $0.16 dividend on an annualized basis and a yield of 1.18%. Dundee Precious Metals's dividend payout ratio (DPR) is currently 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.

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