Dundee Precious Metals (TSE:DPM) Sets New 12-Month High – Time to Buy?

Shares of Dundee Precious Metals Inc. (TSE:DPM) reached a new 52-week high on Thursday . The company traded as high as C$63.91 and last traded at C$62.73, with a volume of 619428 shares traded. The stock had previously closed at C$62.28.

Dundee Precious Metals Stock Performance

The stock has a market cap of C$13.76 billion, a P/E ratio of 20.30, a price-to-earnings-growth ratio of 0.04 and a beta of 1.44. The firm has a 50-day moving average price of C$49.26 and a 200-day moving average price of C$49.67.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings results on Thursday, July 30th. The mining company reported C$1.35 earnings per share for the quarter. The company had revenue of C$513.67 million for the quarter. Dundee Precious Metals had a return on equity of 24.39% and a net margin of 51.68%. On average, research analysts predict that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current year.

Insider Buying and Selling at Dundee Precious Metals

In related news, insider Alexandria Louise Wilson sold 4,466 shares of Dundee Precious Metals stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total transaction of C$217,449.54. 0.16% of the stock is owned by corporate insiders.

Dundee Precious Metals Company Profile

DPM Metals Inc is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and grow together. Our strategic objective is to become a mid-tier precious metals company, which is based on sustainable, responsible and efficient gold production from our portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions.