Dundee Precious Metals Inc (TSE:DPM) Director Sells 9,000 Shares

Dundee Precious Metals Inc (TSE:DPM) Director Peter Nixon sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The stock was sold at an average price of C$4.79, for a total transaction of C$43,110.00. Following the completion of the transaction, the director now directly owns 754 shares in the company, valued at approximately C$3,611.66.

Shares of TSE DPM traded up C$0.11 during trading on Thursday, hitting C$4.73. The stock had a trading volume of 363,799 shares, compared to its average volume of 346,761. Dundee Precious Metals Inc has a 12 month low of C$2.56 and a 12 month high of C$4.98. The company has a quick ratio of 0.48, a current ratio of 0.87 and a debt-to-equity ratio of 4.54. The firm has a market capitalization of $781.55 million and a P/E ratio of 25.52. The company’s fifty day moving average price is C$4.45.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings results on Thursday, May 9th. The mining company reported C($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.05 by C($0.06). The company had revenue of C$113.46 million for the quarter. On average, research analysts predict that Dundee Precious Metals Inc will post 0.42 earnings per share for the current year.

Separately, Royal Bank of Canada reissued an “underperform” rating and set a GBX 215 ($2.81) target price on shares of in a research note on Wednesday, June 26th.

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. Its principal operating assets include the Chelopech, which owns and operates gold, copper, and silver mine located in east of Sofia, Bulgaria; Krumovgrad that operates a gold mine located in south eastern Bulgaria; and Tsumeb, which owns and operates custom smelter located in Tsumeb, Namibia.

See Also: How to trade on quiet period expirations

Receive News & Ratings for Dundee Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.