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Dundee Precious Metals (TSE:DPM) Reaches New 1-Year High - Here's What Happened

Dundee Precious Metals logo with Basic Materials background
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Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$18.96 and last traded at C$18.87, with a volume of 67137 shares traded. The stock had previously closed at C$18.44.

Analyst Ratings Changes

Several research firms have issued reports on DPM. TD Securities upgraded Dundee Precious Metals to a "strong-buy" rating in a report on Tuesday, February 4th. CIBC upped their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report 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 note on Friday, December 6th. Finally, Scotiabank boosted their target price on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research report on Wednesday, January 15th.

View Our Latest Report on DPM

Dundee Precious Metals Trading Up 0.1 %

The company has a 50-day moving average of C$16.55 and a 200-day moving average of C$14.53. The firm has a market capitalization of C$2.34 billion, a price-to-earnings ratio of 11.91, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.

Insider Buying and Selling at Dundee Precious Metals

In related news, Director Nikolay Hristov sold 3,833 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of C$17.60, for a total value of C$67,460.80. Also, Director Robert Peter Charles Gillin sold 10,000 shares of the company's stock in a transaction on Monday, March 24th. The stock was sold at an average price of C$18.52, for a total value of C$185,200.00. Insiders sold a total of 32,583 shares of company stock worth $589,696 over the last 90 days. Insiders own 0.16% of the company's stock.

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About Dundee Precious Metals

(Get Free Report)

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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