Dundee Precious Metals Inc. (TSE:DPM - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as C$17.97 and last traded at C$17.94, with a volume of 166165 shares. The stock had previously closed at C$17.56.
Wall Street Analysts Forecast Growth
Several analysts have commented on DPM shares. CIBC increased their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th. Scotiabank increased 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. Royal Bank of Canada lifted their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. Finally, TD Securities raised Dundee Precious Metals to a "strong-buy" rating in a research report on Tuesday, February 4th.
Get Our Latest Analysis on DPM
Dundee Precious Metals Stock Up 2.1 %
The business's 50-day simple moving average is C$15.38 and its two-hundred day simple moving average is C$14.07. The firm has a market cap of C$2.21 billion, a price-to-earnings ratio of 11.29, a P/E/G ratio of 0.04 and a beta of 1.20.
Insider Activity
In other 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 Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of C$17.06, for a total value of C$115,155.00. Insiders own 0.16% of the company's stock.
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.
Further Reading
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