Dundee Precious Metals (TSE:DPM – Get Free Report) had its price target boosted by stock analysts at Canaccord Genuity Group from C$13.00 to C$13.25 in a report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target suggests a potential upside of 25.35% from the company’s current price.
Several other equities research analysts have also recently issued reports on the company. CIBC lifted their price objective on Dundee Precious Metals from C$11.50 to C$13.00 in a report on Monday, April 15th. Scotiabank lowered their price target on Dundee Precious Metals from C$13.50 to C$13.25 in a research note on Thursday, February 15th. National Bankshares dropped their target price on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a report on Friday. Jefferies Financial Group set a C$13.00 price target on shares of Dundee Precious Metals and gave the stock a “buy” rating in a research note on Thursday, February 29th. Finally, Stifel Nicolaus boosted their price target on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Friday.
Read Our Latest Research Report on DPM
Dundee Precious Metals Price Performance
Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its quarterly earnings data on Wednesday, February 14th. The mining company reported C$0.38 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.10). The company had revenue of C$189.66 million for the quarter. Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. On average, equities analysts predict that Dundee Precious Metals will post 1.137045 EPS for the current year.
Insider Buying and Selling
In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of Dundee Precious Metals stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of C$10.13, for a total transaction of C$205,294.58. In other Dundee Precious Metals news, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of Dundee Precious Metals stock in a transaction dated Monday, March 18th. The shares were sold at an average price of C$10.13, for a total transaction of C$205,294.58. Also, Director Anthony P. Walsh sold 7,200 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of C$10.05, for a total transaction of C$72,360.00. Following the transaction, the director now directly owns 550 shares of the company’s stock, valued at approximately C$5,527.50. Over the last ninety days, insiders sold 79,790 shares of company stock worth $798,029. Insiders own 0.11% 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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