Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$19.11 and last traded at C$19.09, with a volume of 232472 shares traded. The stock had previously closed at C$18.87.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. Scotiabank upped their price target on 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 target price on Dundee Precious Metals from C$21.00 to C$23.00 in a research report on Friday. CIBC lifted their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th. TD Securities upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Jefferies Financial Group upped their price target on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a report on Friday.
Check Out Our Latest Stock Analysis on DPM
Dundee Precious Metals Stock Performance
The business's 50 day moving average price is C$16.94 and its 200-day moving average price is C$14.69. The company has a market cap of C$2.21 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 0.04 and a beta of 1.20.
Insider Buying and Selling
In other news, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00. Also, Director Marie-Anne Tawil sold 10,000 shares of the business's stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$19.08, for a total value of C$190,800.00. Insiders sold 42,583 shares of company stock worth $780,496 in the last 90 days. 0.16% of the stock is owned by company 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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