Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$67,460.80 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Nikolay Hristov sold 3,833 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of C$17.60, for a total value of C$67,460.80.

Dundee Precious Metals Stock Performance

Shares of DPM opened at C$18.29 on Friday. Dundee Precious Metals Inc. has a 52 week low of C$9.70 and a 52 week high of C$18.54. The stock has a market capitalization of C$2.26 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 0.04 and a beta of 1.20. The stock has a fifty day moving average of C$15.57 and a 200-day moving average of C$14.13.

Wall Street Analyst Weigh In

Several research firms have weighed in on DPM. Scotiabank upped their target price on Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th. CIBC upped their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, February 14th. Finally, Royal Bank of Canada upped their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th.

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.