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Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 52-Week High - Should You Buy?

Dundee Precious Metals logo with Basic Materials background

Shares of Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $10.68 and last traded at $10.53, with a volume of 20504 shares changing hands. The stock had previously closed at $10.55.

Dundee Precious Metals Stock Performance

The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 10.03 and a beta of 0.69. The firm's 50-day moving average price is $9.89 and its two-hundred day moving average price is $8.75.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter. The firm had revenue of $156.84 million during the quarter. Dundee Precious Metals had a return on equity of 15.87% and a net margin of 34.73%.

Dundee Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date was Friday, September 27th. Dundee Precious Metals's dividend payout ratio is currently 15.24%.

Dundee Precious Metals Company Profile

(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

Should you invest $1,000 in Dundee Precious Metals right now?

Before you consider Dundee Precious Metals, you'll want to hear this.

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