Dundee Precious Metals (TSE:DPM – Get Free Report) had its price objective upped by investment analysts at Canaccord Genuity Group from C$13.00 to C$13.25 in a report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective points to a potential upside of 26.19% from the company’s current price.
Several other equities analysts have also commented on the stock. Stifel Nicolaus increased their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Friday, April 19th. National Bankshares lowered their price target on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a report on Friday, April 19th. Jefferies Financial Group set a C$13.00 price objective on Dundee Precious Metals and gave the stock a “buy” rating in a research note on Thursday, February 29th. CIBC upped their price objective on Dundee Precious Metals from C$11.50 to C$13.00 in a research report on Monday, April 15th. Finally, Scotiabank dropped their target price on Dundee Precious Metals from C$13.50 to C$13.25 in a report on Thursday, February 15th.
Check Out Our Latest Stock Analysis on Dundee Precious Metals
Dundee Precious Metals Price Performance
Dundee Precious Metals (TSE:DPM – Get Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The mining company reported C$0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.48 by C($0.10). The firm had revenue of C$189.66 million for the quarter. Dundee Precious Metals had a return on equity of 17.22% and a net margin of 37.10%. On average, equities research analysts forecast that Dundee Precious Metals will post 1.137045 earnings per share for the current fiscal year.
Insider Buying and Selling at Dundee Precious Metals
In other news, Senior Officer David Rae sold 6,301 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of C$9.89, for a total value of C$62,316.89. In other news, Senior Officer David Rae sold 6,301 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of C$9.89, for a total transaction of C$62,316.89. Also, Director Anthony P. Walsh sold 7,200 shares of the firm’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of C$10.05, for a total transaction of C$72,360.00. Following the completion of the transaction, the director now directly owns 550 shares in the company, valued at approximately C$5,527.50. Insiders sold 79,790 shares of company stock worth $798,029 over the last 90 days. Company insiders own 0.11% of the company’s stock.
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.
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