Dundee Precious Metals (TSE:DPM – Get Free Report) had its price objective upped by research analysts at Canaccord Genuity Group from C$13.00 to C$13.25 in a report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target indicates a potential upside of 26.19% from the stock’s current price.
Several other equities research analysts also recently issued reports on DPM. Scotiabank cut their target price on shares of Dundee Precious Metals from C$13.50 to C$13.25 in a research note on Thursday, February 15th. Stifel Nicolaus boosted their target price on Dundee Precious Metals from C$13.00 to C$14.50 in a report on Friday, April 19th. CIBC increased their price target on Dundee Precious Metals from C$11.50 to C$13.00 in a research note on Monday, April 15th. National Bankshares reduced their price objective on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a research report on Friday, April 19th. Finally, Jefferies Financial Group set a C$13.00 price objective on shares of Dundee Precious Metals and gave the company a “buy” rating in a report on Thursday, February 29th.
Read Our Latest Stock Analysis on Dundee Precious Metals
Dundee Precious Metals Trading Down 0.7 %
Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share (EPS) 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 firm had revenue of C$189.66 million for the quarter. On average, equities research analysts anticipate that Dundee Precious Metals will post 1.137045 EPS for the current fiscal year.
Insiders Place Their Bets
In other Dundee Precious Metals news, Senior Officer David Rae sold 12,497 shares of the business’s stock in a transaction dated 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, Director Anthony P. Walsh sold 7,200 shares of the stock in a transaction on Friday, March 8th. The stock was sold at an average price of C$10.05, for a total transaction of C$72,360.00. Following the sale, the director now directly owns 550 shares of the company’s stock, valued at approximately C$5,527.50. Also, Senior Officer David Rae sold 12,497 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$9.97, for a total value of C$124,595.09. Insiders have sold 79,790 shares of company stock worth $798,029 in the last 90 days. Company insiders own 0.11% of the company’s stock.
About Dundee Precious Metals
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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