Dundee Precious Metals Inc (TSE:DPM) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$5.85 and last traded at C$5.85, with a volume of 123796 shares. The stock had previously closed at C$5.70.
Several analysts recently weighed in on the stock. Canaccord Genuity reiterated a “buy” rating and issued a C$8.50 price objective on shares of Dundee Precious Metals in a research report on Monday. M Partners restated a “buy” rating on shares of Dundee Precious Metals in a research report on Tuesday, September 24th. Finally, Beacon Securities restated a “buy” rating on shares of Dundee Precious Metals in a research report on Wednesday, October 23rd. Five equities research analysts have rated the stock with a buy rating, Dundee Precious Metals presently has a consensus rating of “Buy” and a consensus target price of C$7.00.
The firm has a market cap of $910.10 million and a price-to-earnings ratio of 53.09. The firm’s fifty day moving average is C$4.51 and its two-hundred day moving average is C$4.62. The company has a debt-to-equity ratio of 3.92, a current ratio of 0.97 and a quick ratio of 0.49.
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.
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