Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$17.01 and last traded at C$17.01, with a volume of 36702 shares. The stock had previously closed at C$16.34.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on DPM shares. CIBC increased their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, February 14th. Royal Bank of Canada increased their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, December 6th. TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Scotiabank upped their target price on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th.
Check Out Our Latest Stock Analysis on Dundee Precious Metals
Dundee Precious Metals Stock Performance
The firm has a market cap of C$2.08 billion, a PE ratio of 10.63, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The stock has a 50-day simple moving average of C$14.25 and a two-hundred day simple moving average of C$13.63.
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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