Dundee Precious Metals (TSE:DPM - Free Report) had its target price upped by Royal Bank of Canada from C$21.00 to C$23.00 in a research report released on Friday,BayStreet.CA reports.
Several other research firms also recently weighed in on DPM. Scotiabank raised their target price on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a report on Wednesday, January 15th. TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, CIBC upped their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, February 14th.
View Our Latest Stock Analysis on DPM
Dundee Precious Metals Price Performance
Dundee Precious Metals stock traded up C$0.34 during trading hours on Friday, hitting C$17.99. The stock had a trading volume of 715,440 shares, compared to its average volume of 609,436. Dundee Precious Metals has a 1-year low of C$10.18 and a 1-year high of C$19.33. The stock has a market capitalization of C$2.22 billion, a price-to-earnings ratio of 11.33, a PEG ratio of 0.04 and a beta of 1.20. The stock's fifty day moving average is C$17.21 and its two-hundred day moving average is C$14.82.
Insiders Place Their Bets
In related news, Senior Officer Iliya Garkov sold 12,000 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$18.49, for a total transaction of C$221,880.00. Also, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00. Insiders have sold 42,583 shares of company stock valued at $780,496 in the last ninety days. 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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