Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin Sells 10,000 Shares

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 10,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of C$18.52, for a total transaction of C$185,200.00.

Dundee Precious Metals Stock Up 1.9 %

Shares of TSE:DPM opened at C$18.79 on Wednesday. Dundee Precious Metals Inc. has a 12-month low of C$9.84 and a 12-month high of C$18.96. The company’s 50 day moving average price is C$16.25 and its two-hundred day moving average price is C$14.42. The firm has a market cap of C$2.32 billion, a PE ratio of 11.84, a PEG ratio of 0.04 and a beta of 1.20.

Analysts Set New Price Targets

Several research analysts have weighed in on DPM shares. Royal Bank of Canada increased their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. Scotiabank increased 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. Finally, CIBC upped their price objective on 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.