Metals & Mining News

Dundee Precious Metals (OTCMKTS:DPMLF) PT Raised to C$13.00 at Scotiabank

Dundee Precious Metals (OTCMKTS:DPMLF – Get Rating) had its price objective raised by research analysts at Scotiabank from C$12.50 to C$13.00 in a note issued to investors on Tuesday, The Fly reports. The firm presently has an “outperform” rating on the stock.

DPMLF has been the subject of a number of other research reports. Dundee Securities raised shares of Dundee Precious Metals from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$8.75 to C$10.00 in a research report on Tuesday, August 2nd. Stifel Nicolaus dropped their target price on shares of Dundee Precious Metals from C$13.25 to C$11.00 and set a “buy” rating for the company in a research report on Wednesday, July 20th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $11.04.

Dundee Precious Metals Stock Performance

DPMLF stock traded down $0.16 during trading on Tuesday, hitting $3.97. The stock had a trading volume of 28,858 shares, compared to its average volume of 24,722. The company’s 50 day moving average price is $4.74 and its two-hundred day moving average price is $5.41. Dundee Precious Metals has a 1-year low of $3.95 and a 1-year high of $7.85. The stock has a market cap of $756.32 million, a price-to-earnings ratio of 4.67 and a beta of 0.54.

Dundee Precious Metals (OTCMKTS:DPMLF – Get Rating) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.17 EPS for the quarter. Dundee Precious Metals had a net margin of 26.30% and a return on equity of 17.33%. The company had revenue of $134.50 million during the quarter.

Dundee Precious Metals Company Profile

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Dundee Precious Metals Inc, a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech operation, which produces a gold-copper concentrate containing gold, copper, and silver and a pyrite concentrate containing gold located to the east of Sofia, Bulgaria; the Ada Tepe operation that produces a gold concentrate containing gold and silver located in southern Bulgaria, near the town of Krumovgrad; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia.

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Analyst Recommendations for Dundee Precious Metals (OTCMKTS:DPMLF)

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