Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin Sells 8,620 Shares of Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 8,620 shares of Dundee Precious Metals stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of C$9.90, for a total transaction of C$85,338.00.

Dundee Precious Metals Stock Performance

Dundee Precious Metals stock opened at C$10.30 on Friday. The company’s 50-day moving average price is C$9.11 and its 200-day moving average price is C$8.97. Dundee Precious Metals Inc. has a twelve month low of C$7.79 and a twelve month high of C$10.78. The company has a quick ratio of 6.61, a current ratio of 6.70 and a debt-to-equity ratio of 0.28. The company has a market cap of C$1.87 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.

Dundee Precious Metals (TSE:DPM) last posted its earnings results 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). Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. The business had revenue of C$189.66 million during the quarter. On average, equities research analysts forecast that Dundee Precious Metals Inc. will post 1.1101322 EPS for the current fiscal year.

Dundee Precious Metals Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Sunday, March 31st will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.22 annualized dividend and a yield of 2.10%. Dundee Precious Metals’s payout ratio is 16.54%.

Wall Street Analysts Forecast Growth

DPM has been the topic of a number of analyst reports. Jefferies Financial Group set a C$13.00 target price on shares of Dundee Precious Metals and gave the company a “buy” rating in a research note on Thursday, February 29th. Canaccord Genuity Group boosted their price target on shares of Dundee Precious Metals from C$10.50 to C$12.50 in a research note on Thursday, November 30th. Scotiabank decreased their price target on shares of Dundee Precious Metals from C$13.50 to C$13.25 in a research note on Thursday, February 15th. BMO Capital Markets boosted their price target on shares of Dundee Precious Metals from C$14.00 to C$15.00 in a research note on Wednesday, December 13th. Finally, Stifel Nicolaus boosted their price target on shares of Dundee Precious Metals from C$12.25 to C$13.00 and gave the stock a “buy” rating in a research note on Tuesday, December 12th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$13.34.

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.