Dundee Precious Metals (TSE:DPM - Free Report) had its price objective lifted by Stifel Nicolaus from C$19.50 to C$23.75 in a report published on Monday,BayStreet.CA reports.
A number of other research firms have also recently issued reports on DPM. Jefferies Financial Group boosted their target price on Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. CIBC raised their target price on shares of Dundee Precious Metals from C$18.00 to C$21.00 in a report on Thursday, April 17th. Scotiabank upped their price target on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a report on Wednesday, January 15th. Royal Bank of Canada raised their price objective on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a report on Friday, April 4th. Finally, TD Securities upgraded Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th.
Get Our Latest Analysis on Dundee Precious Metals
Dundee Precious Metals Price Performance
DPM traded down C$0.08 during mid-day trading on Monday, hitting C$18.44. The stock had a trading volume of 68,607 shares, compared to its average volume of 605,463. Dundee Precious Metals has a 1-year low of C$10.29 and a 1-year high of C$20.29. The firm has a market capitalization of C$2.28 billion, a price-to-earnings ratio of 11.62, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The stock's fifty day simple moving average is C$18.11 and its 200-day simple moving average is C$15.26.
Insider Buying and Selling at Dundee Precious Metals
In other news, Senior Officer Iliya Garkov sold 12,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$18.49, for a total transaction of C$221,880.00. Also, Director Xuefeng Chen sold 6,750 shares of the 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. In the last three months, insiders have sold 42,583 shares of company stock worth $780,496. Insiders own 0.16% of the company's stock.
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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