Dundee Precious Metals (TSE:DPM – Free Report) had its price objective increased by BMO Capital Markets from C$15.50 to C$18.50 in a research report sent to investors on Monday morning, BayStreet.CA reports.
DPM has been the topic of a number of other research reports. Jefferies Financial Group upped their target price on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a research note on Friday, October 4th. CIBC lifted their target price on Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Wednesday, July 10th. Royal Bank of Canada boosted their price target on Dundee Precious Metals from C$16.00 to C$17.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Canaccord Genuity Group raised their price objective on Dundee Precious Metals from C$13.50 to C$16.00 in a research note on Tuesday, July 23rd. Finally, Scotiabank boosted their target price on shares of Dundee Precious Metals from C$15.00 to C$16.50 in a research note on Monday, August 19th.
Check Out Our Latest Stock Report on DPM
Dundee Precious Metals Trading Down 1.1 %
Dundee Precious Metals (TSE:DPM – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.53 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.43 by C$0.10. The firm had revenue of C$214.59 million during the quarter. Dundee Precious Metals had a return on equity of 17.52% and a net margin of 35.57%. Equities analysts forecast that Dundee Precious Metals will post 1.9039474 earnings per share for the current fiscal year.
Dundee Precious Metals Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a $0.055 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.22 annualized dividend and a dividend yield of 1.54%. Dundee Precious Metals’s dividend payout ratio is 14.47%.
Insider Buying and Selling at Dundee Precious Metals
In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$13.86, for a total transaction of C$101,635.38. In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the stock in a transaction on Friday, September 27th. The shares were sold at an average price of C$13.86, for a total value of C$101,635.38. Also, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$12.80, for a total transaction of C$86,400.00. Insiders own 0.16% 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.
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