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

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $13.38 and last traded at $13.27, with a volume of 73783 shares. The stock had previously closed at $13.21.

Wall Street Analyst Weigh In

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

Dundee Precious Metals Stock Down 6.6 %

The business has a 50-day moving average of $11.82 and a 200-day moving average of $10.39. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 9.60 and a beta of 0.53.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.46 EPS 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%. Equities analysts anticipate that Dundee Precious Metals Inc. will post 1.52 earnings per share for the current year.

Dundee Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.04 per share. The ex-dividend date is Monday, March 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.27%. Dundee Precious Metals's dividend payout ratio (DPR) is presently 12.21%.

Dundee Precious Metals Company Profile

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.