Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 12-Month High – Should You Buy?

Shares of Dundee Precious Metals Inc. (OTCMKTS:DPMLF) hit a new 52-week high during trading on Thursday . The company traded as high as $12.15 and last traded at $12.08, with a volume of 98084 shares trading hands. The stock had previously closed at $11.49.

Analysts Set New Price Targets

Separately, TD Securities raised shares of Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th.

Dundee Precious Metals Stock Up 5.2 %

The company has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $9.74. The stock has a market capitalization of $2.10 billion, a P/E ratio of 9.22 and a beta of 0.66.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. On average, sell-side analysts expect that Dundee Precious Metals Inc. will post 1.45 earnings per share for the current year.

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. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.