Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$17.44 and last traded at C$17.03, with a volume of 79058 shares trading hands. The stock had previously closed at C$17.04.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on DPM shares. TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th. Scotiabank upped their price objective on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. Royal Bank of Canada upped their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. Finally, CIBC increased their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, February 14th.
Check Out Our Latest Stock Report on Dundee Precious Metals
Dundee Precious Metals Price Performance
The company has a market capitalization of C$2.17 billion, a P/E ratio of 11.05, a P/E/G ratio of 0.04 and a beta of 1.20. The stock's 50 day moving average is C$15.12 and its 200-day moving average is C$13.98.
Insider Buying and Selling
In other Dundee Precious Metals news, Director Xuefeng Chen sold 6,750 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00. 0.16% of the stock is owned by insiders.
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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