Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 52-Week High at $7.13

Dundee Precious Metals Inc. (OTCMKTS:DPMLF – Get Rating)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $7.13 and last traded at $7.05, with a volume of 81139 shares trading hands. The stock had previously closed at $6.65.

Wall Street Analyst Weigh In

Separately, Dundee Securities raised their price objective on Dundee Precious Metals from C$8.50 to C$11.00 and gave the company an “outperform” rating in a research note on Friday, January 13th.

Dundee Precious Metals Trading Up 6.0 %

The stock has a market capitalization of $1.34 billion, a P/E ratio of 9.80 and a beta of 0.64. The stock has a 50 day moving average of $6.28 and a 200-day moving average of $5.23.

Dundee Precious Metals (OTCMKTS:DPMLF – Get Rating) last issued its quarterly earnings results on Thursday, February 16th. The company reported $0.18 earnings per share (EPS) for the quarter. Dundee Precious Metals had a return on equity of 12.88% and a net margin of 6.30%. The firm had revenue of $152.90 million during the quarter.

Dundee Precious Metals Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, January 16th. Investors of record on Friday, December 30th were paid a dividend of $0.04 per share. This represents a dividend yield of 3.34%. The ex-dividend date was Thursday, December 29th. Dundee Precious Metals’s dividend payout ratio is currently 80.00%.

Dundee Precious Metals Company Profile

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Dundee Precious Metals, Inc is an international gold mining company. engages in the acquisition of mineral properties, exploration, development, and processing of metals. It operates through the following segments: Chelopech, Ada Tepe, Tsumeb, and Corporate and Other. The Chelopech segment covers gold production.