Dundee Precious Metals (TSE:DPM – Get Free Report) had its target price lifted by stock analysts at Scotiabank from C$13.25 to C$14.00 in a research note issued on Thursday, BayStreet.CA reports. Scotiabank’s price objective would suggest a potential upside of 31.58% from the stock’s previous close.
A number of other equities analysts also recently weighed in on the company. Jefferies Financial Group set a C$13.00 price target on Dundee Precious Metals and gave the stock a “buy” rating in a research report on Thursday, February 29th. National Bankshares lowered their price target on Dundee Precious Metals from C$14.00 to C$13.50 in a research report on Friday, April 19th. Stifel Nicolaus boosted their price target on Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Friday, April 19th. CIBC boosted their price target on Dundee Precious Metals from C$11.50 to C$13.00 in a research report on Monday, April 15th. Finally, Canaccord Genuity Group boosted their price target on Dundee Precious Metals from C$13.00 to C$13.25 in a research report on Tuesday, April 23rd.
Check Out Our Latest Report on DPM
Dundee Precious Metals Stock Performance
Dundee Precious Metals (TSE:DPM – Get Free Report) last released its earnings results 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 company 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%. As a group, sell-side analysts expect that Dundee Precious Metals will post 1.137045 earnings per share for the current fiscal year.
Insider Activity
In related news, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of C$10.13, for a total transaction of C$205,294.58. In related news, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of C$10.13, for a total transaction of C$205,294.58. Also, Director Anthony P. Walsh sold 7,200 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of C$10.05, for a total value of C$72,360.00. Following the sale, the director now directly owns 550 shares in the company, valued at approximately C$5,527.50. Over the last quarter, insiders have sold 79,790 shares of company stock valued at $798,029. 0.11% of the stock is owned by insiders.
About Dundee Precious Metals
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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