Shares of Dundee Precious Metals Inc. (TSE:DPM - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.74 and traded as high as C$13.38. Dundee Precious Metals shares last traded at C$13.26, with a volume of 222,867 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on DPM. CIBC increased their target price on shares of Dundee Precious Metals from C$16.00 to C$17.00 in a report on Thursday, December 19th. Royal Bank of Canada increased their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. Jefferies Financial Group lifted their target price on Dundee Precious Metals from C$16.00 to C$18.00 in a report on Friday, October 4th. BMO Capital Markets upped their price target on Dundee Precious Metals from C$15.50 to C$18.50 in a report on Monday, October 21st. Finally, Scotiabank lifted their price objective on Dundee Precious Metals from C$16.50 to C$18.00 in a research note on Thursday, November 21st.
Check Out Our Latest Report on DPM
Dundee Precious Metals Trading Down 0.5 %
The stock has a market cap of C$2.37 billion, a price-to-earnings ratio of 8.68, a P/E/G ratio of 0.04 and a beta of 1.20. The business's 50 day moving average is C$13.32 and its 200 day moving average is C$12.74. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.09 and a quick ratio of 6.61.
Dundee Precious Metals Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given 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 is currently 14.47%.
Dundee Precious Metals Company Profile
(
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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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