Shares of Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.12 and traded as high as C$14.65. Dundee Precious Metals shares last traded at C$14.52, with a volume of 440,484 shares traded.
Wall Street Analysts Forecast Growth
DPM has been the topic of a number of research analyst reports. CIBC raised their price objective on shares of Dundee Precious Metals from C$16.00 to C$17.00 in a report on Thursday, December 19th. Jefferies Financial Group boosted their price target on Dundee Precious Metals from C$16.00 to C$18.00 in a report on Friday, October 4th. Royal Bank of Canada increased their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. BMO Capital Markets boosted their target price on Dundee Precious Metals from C$15.50 to C$18.50 in a research note on Monday, October 21st. Finally, Scotiabank upped their price target on Dundee Precious Metals from C$18.00 to C$18.50 in a research report on Wednesday, January 15th.
Read Our Latest Report on Dundee Precious Metals
Dundee Precious Metals Stock Down 3.1 %
The firm has a fifty day moving average of C$13.28 and a 200-day moving average of C$13.13. The company has a quick ratio of 6.61, a current ratio of 7.09 and a debt-to-equity ratio of 1.31. The firm has a market cap of C$2.53 billion, a P/E ratio of 9.26, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.
Dundee Precious Metals (TSE:DPM - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The mining company reported C$0.35 earnings per share (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%. On average, equities research analysts anticipate that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current year.
Dundee Precious Metals Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date was Tuesday, December 31st. Dundee Precious Metals's dividend payout ratio is currently 14.47%.
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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