Dundee Precious Metals (TSE:DPM) PT Raised to C$18.50 at BMO Capital Markets

Dundee Precious Metals (TSE:DPM) had its price objective raised by BMO Capital Markets from C$15.50 to C$18.50 in a research report issued on Monday, BayStreet.CA reports. BMO Capital Markets’ price objective points to a potential upside of 25.94% from the stock’s current price.

A number of other equities analysts also recently issued reports on the stock. Canaccord Genuity Group increased their price objective on shares of Dundee Precious Metals from C$13.50 to C$16.00 in a research note on Tuesday, July 23rd. Jefferies Financial Group increased their price objective on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a research note on Friday, October 4th. Royal Bank of Canada increased their price objective on shares of Dundee Precious Metals from C$16.00 to C$17.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. CIBC increased their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research note on Wednesday, July 10th. Finally, Scotiabank raised their target price on shares of Dundee Precious Metals from C$15.00 to C$16.50 in a research note on Monday, August 19th.

Dundee Precious Metals Trading Up 1.0 %

Shares of TSE:DPM traded up C$0.15 during trading on Monday, reaching C$14.69. 131,474 shares of the company were exchanged, compared to its average volume of 490,530. The firm has a market capitalization of C$2.64 billion, a PE ratio of 9.67, a P/E/G ratio of 0.04 and a beta of 1.20. The business’s fifty day simple moving average is C$13.41 and its 200-day simple moving average is C$11.92. Dundee Precious Metals has a 12-month low of C$7.79 and a 12-month high of C$14.81. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.09 and a quick ratio of 6.61.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.43 by C$0.10. Dundee Precious Metals had a net margin of 35.57% and a return on equity of 17.52%. The firm had revenue of C$214.59 million for the quarter. On average, research analysts anticipate that Dundee Precious Metals will post 1.9039474 EPS for the current year.

Insider Buying and Selling at Dundee Precious Metals

In other news, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction on Thursday, August 15th. The shares were sold at an average price of C$12.80, for a total transaction of C$86,400.00. In other news, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction on Thursday, August 15th. The shares were sold at an average price of C$12.80, for a total transaction of C$86,400.00. Also, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of Dundee Precious Metals stock in a transaction on Friday, September 27th. The stock was sold at an average price of C$13.86, for a total transaction of C$101,635.38. 0.16% of the stock is owned by insiders.

About Dundee Precious Metals

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.