Dundee Precious Metals (TSE:DPM) PT Raised to C$14.50

Dundee Precious Metals (TSE:DPM) had its price objective upped by Stifel Nicolaus from C$13.00 to C$14.50 in a report issued on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective points to a potential upside of 34.26% from the company’s current price.

Other research analysts have also issued research reports about the stock. Jefferies Financial Group set a C$13.00 price objective on shares of Dundee Precious Metals and gave the stock a “buy” rating in a research note on Thursday, February 29th. CIBC increased their price objective on shares of Dundee Precious Metals from C$11.50 to C$13.00 in a research note on Monday, April 15th. Finally, Scotiabank cut their price objective on shares of Dundee Precious Metals from C$13.50 to C$13.25 in a research note on Thursday, February 15th.

Dundee Precious Metals Price Performance

Shares of DPM opened at C$10.80 on Friday. The company has a 50 day moving average price of C$9.74 and a 200-day moving average price of C$9.21. Dundee Precious Metals has a fifty-two week low of C$7.79 and a fifty-two week high of C$10.94. The stock has a market capitalization of C$1.96 billion, a PE ratio of 8.12, a PEG ratio of 0.04 and a beta of 1.20. The company has a debt-to-equity ratio of 0.28, a quick ratio of 6.61 and a current ratio of 6.70.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share for the quarter, missing the consensus estimate of C$0.48 by C($0.10). Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. The business had revenue of C$189.66 million during the quarter. Equities analysts predict that Dundee Precious Metals will post 1.137045 earnings per share for the current fiscal year.

Insider Buying and Selling at Dundee Precious Metals

In other Dundee Precious Metals news, Senior Officer David Rae sold 12,497 shares of Dundee Precious Metals stock in a transaction on Monday, March 11th. The shares were sold at an average price of C$9.97, for a total value of C$124,595.09. In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of Dundee Precious Metals stock in a transaction dated Monday, March 18th. The shares were sold at an average price of C$10.13, for a total value of C$205,294.58. Also, Senior Officer David Rae sold 12,497 shares of Dundee Precious Metals stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$9.97, for a total transaction of C$124,595.09. Over the last quarter, insiders sold 79,790 shares of company stock valued at $798,029. Corporate insiders own 0.11% of the company’s stock.

Dundee Precious Metals Company Profile

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.