Dundee Precious Metals Inc. (TSE:DPM) Given Average Rating of “Buy” by Brokerages

Shares of Dundee Precious Metals Inc. (TSE:DPMGet Free Report) have been assigned an average recommendation of “Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$56.11.

Dundee Precious Metals Stock Down 6.0%

DPM stock opened at C$58.94 on Wednesday. The business’s fifty day moving average is C$54.74 and its 200-day moving average is C$51.07. The company has a market cap of C$12.93 billion, a P/E ratio of 19.07, a price-to-earnings-growth ratio of 0.04 and a beta of 1.44. Dundee Precious Metals has a twelve month low of C$25.26 and a twelve month high of C$72.54.

Dundee Precious Metals (TSE:DPMGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The mining company reported C$1.35 EPS for the quarter. The business 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%. Research analysts anticipate that Dundee Precious Metals will post 1.9039474 earnings per share for the current fiscal year.

Insider Transactions at Dundee Precious Metals

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

About Dundee Precious Metals

(Get Free Report)

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.

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Analyst Recommendations for Dundee Precious Metals (TSE:DPM)

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