Dundee Precious Metals (OTCMKTS:DPMLF) Hits New 12-Month High – Here’s What Happened

Dundee Precious Metals Inc. (OTCMKTS:DPMLF)’s stock price reached a new 52-week high on Monday . The company traded as high as $13.38 and last traded at $13.27, with a volume of 73783 shares. The stock had previously closed at $13.21.

Analyst Upgrades and Downgrades

Separately, TD Securities raised shares of Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th.

Dundee Precious Metals Trading Down 2.0 %

The company has a fifty day moving average of $11.68 and a 200-day moving average of $10.35. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 10.01 and a beta of 0.62.

Dundee Precious Metals (OTCMKTS:DPMLF) last released 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 return on equity of 19.41% and a net margin of 38.84%. As a group, equities research analysts expect that Dundee Precious Metals Inc. will post 1.52 EPS for the current year.

Dundee Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.04 per share. The ex-dividend date is Monday, March 31st. This represents a $0.16 annualized dividend and a yield of 1.22%. Dundee Precious Metals’s dividend payout ratio (DPR) is presently 12.21%.

About Dundee Precious Metals

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.