Dundee Precious Metals Inc. (DPMLF) to Issue Quarterly Dividend of $0.04 on April 15th

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) declared a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be given a dividend of 0.04 per share on Tuesday, April 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Monday, March 31st.

Dundee Precious Metals Stock Up 0.1 %

DPMLF stock traded up $0.01 during trading on Friday, reaching $13.21. The company’s stock had a trading volume of 56,013 shares, compared to its average volume of 69,963. The company’s fifty day moving average is $11.54 and its 200-day moving average is $10.29. The company has a market capitalization of $2.27 billion, a P/E ratio of 10.08 and a beta of 0.62. Dundee Precious Metals has a 1 year low of $7.35 and a 1 year high of $13.33.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its earnings results on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. Analysts anticipate that Dundee Precious Metals will post 1.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.