Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$185,200.00 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 10,000 shares of the business’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$18.52, for a total transaction of C$185,200.00.

Dundee Precious Metals Stock Down 0.6 %

Shares of DPM stock opened at C$18.67 on Thursday. The company’s 50 day moving average is C$16.35 and its 200 day moving average is C$14.45. The firm has a market cap of C$2.31 billion, a price-to-earnings ratio of 11.76, a PEG ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a 52-week low of C$9.98 and a 52-week high of C$19.03.

Analyst Ratings Changes

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

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.