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Dundee Precious Metals (OTCMKTS:DPMLF) Trading 1.4% Higher - Here's Why

Dundee Precious Metals logo with Basic Materials background

Shares of Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) were up 1.4% during mid-day trading on Monday . The company traded as high as $9.43 and last traded at $9.20. Approximately 16,814 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 23,920 shares. The stock had previously closed at $9.07.

Dundee Precious Metals Price Performance

The stock's 50 day simple moving average is $9.71 and its two-hundred day simple moving average is $9.16. The firm has a market cap of $1.66 billion, a P/E ratio of 8.29 and a beta of 0.64.

Dundee Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Tuesday, December 31st. Dundee Precious Metals's dividend payout ratio is 14.41%.

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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