Dundee Precious Metals (TSE:DPM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Dundee Precious Metals Inc. (TSE:DPM) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$51.87 and traded as high as C$64.35. Dundee Precious Metals shares last traded at C$63.34, with a volume of 401,187 shares trading hands.

Dundee Precious Metals Stock Down 1.0%

The firm has a market capitalization of C$13.89 billion, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 0.04 and a beta of 1.49. The firm’s 50-day simple moving average is C$59.54 and its 200-day simple moving average is C$51.87.

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

About Dundee Precious Metals

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.