Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as C$16.22 and last traded at C$16.03, with a volume of 621125 shares trading hands. The stock had previously closed at C$15.72.
Analyst Ratings Changes
Several brokerages have recently commented on DPM. BMO Capital Markets boosted their price objective on Dundee Precious Metals from C$15.50 to C$18.50 in a research report on Monday, October 21st. TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th. CIBC lifted their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday. Scotiabank increased their price target on Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada raised their price target on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th.
View Our Latest Analysis on Dundee Precious Metals
Dundee Precious Metals Stock Up 1.3 %
The company has a market capitalization of C$1.97 billion, a P/E ratio of 10.07, a PEG ratio of 0.04 and a beta of 1.20. The company has a 50 day simple moving average of C$13.93 and a two-hundred day simple moving average of C$13.47.
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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