TD Securities upgraded shares of Dundee Precious Metals (OTCMKTS:DPMLF - Free Report) to a strong-buy rating in a research note released on Tuesday morning,Zacks.com reports.
Dundee Precious Metals Stock Performance
Shares of OTCMKTS DPMLF traded up $0.30 during midday trading on Tuesday, reaching $11.01. 17,064 shares of the company's stock were exchanged, compared to its average volume of 17,735. Dundee Precious Metals has a 52-week low of $5.78 and a 52-week high of $11.02. The business's fifty day moving average price is $9.56 and its two-hundred day moving average price is $9.58. The stock has a market capitalization of $1.94 billion, a PE ratio of 9.91 and a beta of 0.66.
About Dundee Precious Metals
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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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