Dundee Precious Metals (TSE:DPM – Get Free Report) had its target price raised by stock analysts at BMO Capital Markets from C$15.50 to C$18.50 in a research note issued to investors on Monday, BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 25.94% from the company’s previous close.
A number of other research firms have also recently weighed in on DPM. Jefferies Financial Group lifted their price objective on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a report on Friday, October 4th. Royal Bank of Canada lifted their price objective on shares of 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 lifted their price objective on shares of Dundee Precious Metals from C$13.50 to C$16.00 in a report on Tuesday, July 23rd. Scotiabank lifted their price objective on shares of Dundee Precious Metals from C$15.00 to C$16.50 in a report on Monday, August 19th. Finally, CIBC lifted their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a report on Wednesday, July 10th.
Dundee Precious Metals Stock Performance
Dundee Precious Metals (TSE:DPM – Get Free Report) last issued its earnings results on Thursday, August 1st. The mining company reported C$0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.43 by C$0.10. Dundee Precious Metals had a net margin of 35.57% and a return on equity of 17.52%. The firm had revenue of C$214.59 million during the quarter. On average, research analysts forecast that Dundee Precious Metals will post 1.9039474 EPS for the current year.
Insider Transactions at Dundee Precious Metals
In related 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 related news, Director Xuefeng Chen sold 6,750 shares of the business’s 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. Also, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of C$13.86, for a total transaction of C$101,635.38. Corporate 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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