Dundee Precious Metals (OTCMKTS:DPMLF) Reaches New 12-Month High – Should You Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLFGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.40 and last traded at $14.33, with a volume of 22600 shares trading hands. The stock had previously closed at $13.89.

Analysts Set New Price Targets

Several research firms have recently issued reports on DPMLF. TD Securities upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th. National Bankshares reissued an “outperform” rating on shares of Dundee Precious Metals in a report on Wednesday, April 2nd.

Get Our Latest Stock Report on Dundee Precious Metals

Dundee Precious Metals Stock Down 1.3 %

The firm has a 50-day moving average of $12.55 and a two-hundred day moving average of $10.67. The company has a market capitalization of $2.39 billion, a PE ratio of 10.79 and a beta of 0.53.

Dundee Precious Metals (OTCMKTS:DPMLFGet Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. Equities analysts predict that Dundee Precious Metals Inc. will post 1.52 EPS for the current fiscal year.

Dundee Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.13%. Dundee Precious Metals’s dividend payout ratio (DPR) is currently 12.21%.

Dundee Precious Metals Company Profile

(Get Free Report)

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.

Further Reading

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