Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Zacks reports. Shareholders of record on Sunday, June 30th will be paid a dividend of 0.055 per share by the mining company on Monday, July 15th. This represents a $0.22 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from Dundee Precious Metals’s previous quarterly dividend of $0.05.
Dundee Precious Metals Trading Up 2.0 %
Shares of Dundee Precious Metals stock traded up C$0.21 during trading on Thursday, reaching C$10.89. 201,145 shares of the stock were exchanged, compared to its average volume of 546,442. Dundee Precious Metals has a 1 year low of C$7.79 and a 1 year high of C$11.32. The firm has a market cap of C$1.98 billion, a price-to-earnings ratio of 8.12, a price-to-earnings-growth ratio of 0.04 and a beta of 1.24. The company has a quick ratio of 6.61, a current ratio of 6.70 and a debt-to-equity ratio of 1.12. The stock’s fifty day moving average is C$10.30 and its 200 day moving average is C$9.41.
Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.48 by C($0.10). The business had revenue of C$189.66 million for the quarter. Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. As a group, equities research analysts expect that Dundee Precious Metals will post 1.3451327 earnings per share for the current fiscal year.
Insider Buying and Selling at Dundee Precious Metals
Wall Street Analysts Forecast Growth
DPM has been the subject of several research reports. National Bankshares decreased their price objective on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a report on Friday, April 19th. Scotiabank increased their price target on shares of Dundee Precious Metals from C$13.25 to C$14.00 in a research note on Thursday, May 2nd. Jefferies Financial Group set a C$13.00 price objective on Dundee Precious Metals and gave the company a “buy” rating in a research report on Thursday, February 29th. Canaccord Genuity Group increased their target price on Dundee Precious Metals from C$13.00 to C$13.25 in a research report on Tuesday, April 23rd. Finally, CIBC raised their target price on Dundee Precious Metals from C$11.50 to C$13.00 in a research note on Monday, April 15th.
Check Out Our Latest Report on DPM
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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