Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$12.61 and traded as high as C$13.49. Dundee Precious Metals shares last traded at C$13.14, with a volume of 820,114 shares.
Analyst Upgrades and Downgrades
DPM has been the subject of several analyst reports. Royal Bank of Canada upped their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. Scotiabank raised their price objective on shares of Dundee Precious Metals from C$16.50 to C$18.00 in a research report on Thursday, November 21st. Jefferies Financial Group upped their target price on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a report on Friday, October 4th. Finally, BMO Capital Markets raised their price target on Dundee Precious Metals from C$15.50 to C$18.50 in a report on Monday, October 21st.
Read Our Latest Stock Analysis on Dundee Precious Metals
Dundee Precious Metals Price Performance
The firm has a market cap of C$2.36 billion, a P/E ratio of 8.64, a P/E/G ratio of 0.04 and a beta of 1.20. The firm's fifty day simple moving average is C$13.44 and its 200 day simple moving average is C$12.62. The company has a debt-to-equity ratio of 1.31, a quick ratio of 6.61 and a current ratio of 7.09.
Dundee Precious Metals Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.22 annualized dividend and a dividend yield of 1.64%. Dundee Precious Metals's dividend payout ratio (DPR) is 14.47%.
Insider Activity
In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the firm's stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of C$13.86, for a total value of C$101,635.38. Corporate insiders own 0.16% of the company's stock.
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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