Dundee Precious Metals (TSE:DPM) Sets New 12-Month High – Time to Buy?

Dundee Precious Metals Inc. (TSE:DPM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$63.91 and last traded at C$62.73, with a volume of 619428 shares trading hands. The stock had previously closed at C$62.28.

Dundee Precious Metals Price Performance

The business has a 50 day moving average price of C$49.26 and a 200 day moving average price of C$49.67. The stock has a market capitalization of C$13.76 billion, a PE ratio of 20.30, a PEG ratio of 0.04 and a beta of 1.44.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings results on Thursday, July 30th. The mining company reported C$1.35 earnings per share (EPS) for the quarter. The firm had revenue of C$513.67 million during the quarter. Dundee Precious Metals had a return on equity of 24.39% and a net margin of 51.68%. On average, equities analysts expect that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current year.

Insiders Place Their Bets

In other Dundee Precious Metals news, insider Alexandria Louise Wilson sold 4,466 shares of Dundee Precious Metals stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total value of C$217,449.54. Corporate insiders own 0.16% of the company’s stock.

Dundee Precious Metals Company Profile

DPM Metals Inc is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and grow together. Our strategic objective is to become a mid-tier precious metals company, which is based on sustainable, responsible and efficient gold production from our portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions.