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 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
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.
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