Dundee Precious Metals (TSE:DPM – Get Free Report) had its target price upped by equities research analysts at Stifel Nicolaus from C$13.00 to C$14.50 in a note issued to investors on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective would indicate a potential upside of 34.51% from the company’s previous close.
A number of other research analysts have also recently weighed in on the stock. 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. Scotiabank cut their target price on Dundee Precious Metals from C$13.50 to C$13.25 in a research report on Thursday, February 15th. Finally, CIBC increased their price objective on shares of Dundee Precious Metals from C$11.50 to C$13.00 in a report on Monday.
Read Our Latest Stock Report on Dundee Precious Metals
Dundee Precious Metals Stock Performance
Dundee Precious Metals (TSE:DPM – Get Free Report) last announced its earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.48 by C($0.10). Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. The business had revenue of C$189.66 million for the quarter. Analysts anticipate that Dundee Precious Metals will post 1.137045 EPS for the current year.
Insider Activity at Dundee Precious Metals
In other Dundee Precious Metals news, Director Nikolay Hristov sold 3,799 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$10.10, for a total value of C$38,369.90. In other Dundee Precious Metals news, Senior Officer David Rae sold 12,497 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of C$9.97, for a total transaction of C$124,595.09. Also, Director Nikolay Hristov sold 3,799 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$10.10, for a total transaction of C$38,369.90. Insiders sold 79,790 shares of company stock worth $798,029 in the last 90 days. 0.11% of the stock is owned by corporate 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.
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