Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Iliya Garkov Sells 12,000 Shares

Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Iliya Garkov sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$18.49, for a total transaction of C$221,880.00.

Dundee Precious Metals Price Performance

Shares of TSE DPM opened at C$18.45 on Wednesday. The company has a 50-day moving average price of C$15.78 and a 200-day moving average price of C$14.22. The stock has a market capitalization of C$2.28 billion, a P/E ratio of 11.62, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a 1 year low of C$9.75 and a 1 year high of C$18.81.

Analysts Set New Price Targets

Several brokerages recently issued reports on DPM. Royal Bank of Canada increased their target price on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. CIBC raised their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, February 14th. TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Scotiabank raised their price objective on Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th.

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.