Dundee Precious Metals (TSE:DPM) Stock Price Passes Above Two Hundred Day Moving Average of $4.54

Dundee Precious Metals Inc (TSE:DPM) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.54 and traded as high as $5.32. Dundee Precious Metals shares last traded at $4.92, with a volume of 436,997 shares traded.

Separately, Royal Bank of Canada upped their target price on Dundee Precious Metals from C$5.50 to C$6.00 in a report on Wednesday, June 26th.

The firm has a market cap of $901.58 million and a P/E ratio of 26.41. The company has a quick ratio of 0.61, a current ratio of 1.03 and a debt-to-equity ratio of 6.05. The firm has a fifty day moving average of C$5.09 and a 200-day moving average of C$4.54.

Dundee Precious Metals (TSE:DPM) last released its quarterly earnings data on Tuesday, July 30th. The mining company reported C$0.12 earnings per share (EPS) for the quarter. The business had revenue of C$132.69 million during the quarter. On average, equities analysts forecast that Dundee Precious Metals Inc will post 0.51 EPS for the current year.

In other Dundee Precious Metals news, Director Peter Nixon sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of C$4.79, for a total value of C$43,110.00. Following the sale, the director now owns 754 shares in the company, valued at C$3,611.66. Also, Director Nikolay Hristov sold 22,934 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of C$4.86, for a total value of C$111,466.12. Insiders sold 54,867 shares of company stock worth $265,801 in the last 90 days.

Dundee Precious Metals Company Profile (TSE:DPM)

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech, which owns and operates gold, copper, and silver mine located in east of Sofia, Bulgaria; Krumovgrad that operates a gold mine located in south eastern Bulgaria; and Tsumeb, which owns and operates custom smelter located in Tsumeb, Namibia.

Read More: Why is the conference call important?

Receive News & Ratings for Dundee Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.