Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin Sells 10,000 Shares of Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of C$18.52, for a total value of C$185,200.00.

Dundee Precious Metals Trading Up 1.9 %

Shares of DPM opened at C$18.79 on Wednesday. The company has a market cap of C$2.32 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 0.04 and a beta of 1.20. The company’s fifty day simple moving average is C$16.25 and its 200 day simple moving average is C$14.42. Dundee Precious Metals Inc. has a 1-year low of C$9.84 and a 1-year high of C$18.96.

Wall Street Analysts Forecast Growth

DPM has been the topic of a number of recent research reports. Royal Bank of Canada lifted their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. CIBC raised their target price on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th. TD Securities raised shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, Scotiabank raised their price objective on Dundee Precious Metals from C$18.00 to C$18.50 in a report on Wednesday, January 15th.

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.