Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$115,155.00 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Xuefeng Chen sold 6,750 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00.

Dundee Precious Metals Price Performance

DPM opened at C$16.64 on Friday. Dundee Precious Metals Inc. has a one year low of C$8.70 and a one year high of C$17.38. The business has a 50 day simple moving average of C$14.63 and a two-hundred day simple moving average of C$13.80. The firm has a market capitalization of C$2.05 billion, a price-to-earnings ratio of 10.48, a PEG ratio of 0.04 and a beta of 1.20.

Wall Street Analyst Weigh In

DPM has been the subject of several analyst reports. Royal Bank of Canada increased their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. Scotiabank increased their price objective on Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. TD Securities upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th. Finally, CIBC upped their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, February 14th.

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.