Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) announced a quarterly dividend on Friday, June 28th, Zacks reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.055 per share by the mining company on Monday, July 15th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Friday, June 28th. This is a boost from Dundee Precious Metals’s previous quarterly dividend of $0.05.
Dundee Precious Metals Stock Performance
Shares of Dundee Precious Metals stock opened at C$10.81 on Thursday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.61 and a current ratio of 6.92. The business’s 50 day moving average price is C$10.90 and its 200 day moving average price is C$9.79. The company has a market cap of C$1.96 billion, a price-to-earnings ratio of 8.19, a PEG ratio of 0.04 and a beta of 1.23. Dundee Precious Metals has a one year low of C$7.79 and a one year high of C$11.70.
Dundee Precious Metals (TSE:DPM – Get Free Report) last announced its quarterly earnings results on Tuesday, May 7th. The mining company reported C$0.24 earnings per share for the quarter, missing the consensus estimate of C$0.27 by C($0.03). Dundee Precious Metals had a net margin of 37.12% and a return on equity of 16.18%. The firm had revenue of C$166.90 million for the quarter. On average, research analysts predict that Dundee Precious Metals will post 1.428934 EPS for the current year.
Insider Buying and Selling
Wall Street Analyst Weigh In
A number of research analysts recently commented on DPM shares. Scotiabank upped their price objective on Dundee Precious Metals from C$14.00 to C$15.00 in a report on Thursday, May 23rd. CIBC boosted their price objective on shares of Dundee Precious Metals from C$11.50 to C$13.00 in a report on Monday, April 15th. Canaccord Genuity Group lifted their target price on Dundee Precious Metals from C$13.00 to C$13.25 in a research report on Tuesday, April 23rd. Jefferies Financial Group raised their price objective on shares of Dundee Precious Metals from C$13.00 to C$15.00 in a research note on Thursday, June 6th. Finally, Stifel Nicolaus increased their target price on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a report on Friday, April 19th.
Check Out Our Latest Research Report on DPM
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.
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