Dundee Precious Metals Inc. (TSE:DPM – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$17.97 and last traded at C$17.94, with a volume of 166165 shares traded. The stock had previously closed at C$17.56.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. CIBC lifted their price target on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, February 14th. Royal Bank of Canada upped their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, December 6th. TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Scotiabank boosted their target price on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research report on Wednesday, January 15th.
Check Out Our Latest Stock Analysis on DPM
Dundee Precious Metals Stock Up 1.8 %
Insider Transactions at Dundee Precious Metals
In other news, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total transaction of C$115,155.00. Also, Director Nikolay Hristov sold 3,833 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of C$17.60, for a total value of C$67,460.80. Insiders own 0.16% of the company’s stock.
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.
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