Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$15.25 and last traded at C$15.04, with a volume of 389892 shares changing hands. The stock had previously closed at C$15.06.
Wall Street Analysts Forecast Growth
DPM has been the subject of several recent research reports. CIBC increased their price objective on Dundee Precious Metals from C$16.00 to C$17.00 in a report on Thursday, December 19th. BMO Capital Markets increased their price target on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a research note on Monday, October 21st. Scotiabank lifted 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 increased their target price on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, December 6th. Finally, TD Securities upgraded Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday.
Get Our Latest Research Report on Dundee Precious Metals
Dundee Precious Metals Stock Up 2.5 %
The firm has a market capitalization of C$2.83 billion, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The company has a debt-to-equity ratio of 1.31, a quick ratio of 6.61 and a current ratio of 7.09. The business's 50 day moving average is C$13.71 and its 200-day moving average is C$13.36.
Dundee Precious Metals (TSE:DPM - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The mining company reported C$0.35 EPS for the quarter, missing analysts' consensus estimates of C$0.40 by C($0.05). Dundee Precious Metals had a return on equity of 17.52% and a net margin of 35.57%. Equities analysts anticipate that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current fiscal year.
Dundee Precious Metals Company Profile
(
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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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