Scotiabank Reiterates Outperform Rating for Dundee Precious Metals Inc (DPM)
Dundee Precious Metals Inc (TSE:DPM)‘s stock had its “outperform” rating reiterated by Scotiabank in a research report issued on Thursday. They presently have a C$6.00 price target on the mining company’s stock. Scotiabank’s price target would indicate a potential upside of 164.32% from the company’s current price.
Shares of Dundee Precious Metals (TSE:DPM) opened at 2.27 on Thursday. The company has a 50-day moving average price of $2.91 and a 200-day moving average price of $3.21. Dundee Precious Metals has a 12-month low of $0.84 and a 12-month high of $4.14. The firm’s market capitalization is $356.75 million.
In other news, insider Gmt Capital Corp sold 238,100 shares of Dundee Precious Metals stock in a transaction on Friday, November 4th. The shares were sold at an average price of C$2.21, for a total transaction of C$526,201.00.
Dundee Precious Metals Company Profile
Dundee Precious Metals Inc (DPM) is a Canada-based gold mining company. The Company is engaged in the acquisition, exploration, development, mining and processing of precious metals. The Company’s operates through its subsidiaries, such as Dundee Precious Metals Chelopech EAD (Chelopech), Dundee Precious Metals Kapan CJSC (Kapan) and Dundee Precious Metals Tsumeb (Proprietary) Limited (Tsumeb).
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