Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$68,310.30 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Nikolay Hristov sold 6,267 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of C$10.90, for a total value of C$68,310.30.

Nikolay Hristov also recently made the following trade(s):

• On Wednesday, March 20th, Nikolay Hristov sold 3,799 shares of Dundee Precious Metals stock. The shares were sold at an average price of C$10.10, for a total transaction of C$38,369.90.

Dundee Precious Metals Price Performance

DPM stock opened at C$10.79 on Wednesday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 6.61 and a current ratio of 6.70. The company’s fifty day moving average price is C$10.40 and its 200-day moving average price is C$9.48. Dundee Precious Metals Inc. has a one year low of C$7.79 and a one year high of C$11.32. The company has a market capitalization of C$1.96 billion, a PE ratio of 8.05, a price-to-earnings-growth ratio of 0.04 and a beta of 1.24.

Dundee Precious Metals (TSE:DPM) last issued its quarterly earnings data on Wednesday, February 14th. The mining company reported C$0.38 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.10). Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. The firm had revenue of C$189.66 million for the quarter. On average, equities analysts anticipate that Dundee Precious Metals Inc. will post 1.3451327 EPS for the current fiscal year.

Dundee Precious Metals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Sunday, June 30th will be paid a $0.055 dividend. This is an increase from Dundee Precious Metals’s previous quarterly dividend of $0.05. The ex-dividend date is Friday, June 28th. This represents a $0.22 dividend on an annualized basis and a yield of 2.04%. Dundee Precious Metals’s payout ratio is presently 16.42%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Canaccord Genuity Group boosted their price objective on shares of Dundee Precious Metals from C$13.00 to C$13.25 in a research report on Tuesday, April 23rd. Stifel Nicolaus upped their price target on Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Friday, April 19th. CIBC lifted their price objective on Dundee Precious Metals from C$11.50 to C$13.00 in a research report on Monday, April 15th. Jefferies Financial Group set a C$13.00 target price on shares of Dundee Precious Metals and gave the stock a “buy” rating in a research note on Thursday, February 29th. Finally, Scotiabank upped their price target on shares of Dundee Precious Metals from C$13.25 to C$14.00 in a research report on Thursday, May 2nd.

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.