Dundee Precious Metals (OTCMKTS:DPMLF) Stock Price Down 0.1% – Should You Sell?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) fell 0.1% on Tuesday . The company traded as low as $13.48 and last traded at $13.84. 46,001 shares traded hands during trading, a decline of 26% from the average session volume of 62,104 shares. The stock had previously closed at $13.85.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on DPMLF. TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th. National Bankshares restated an “outperform” rating on shares of Dundee Precious Metals in a research note on Wednesday, April 23rd.

Dundee Precious Metals Trading Down 0.1%

The stock has a 50 day simple moving average of $13.32 and a 200 day simple moving average of $11.19. The stock has a market cap of $2.32 billion, a P/E ratio of 10.56 and a beta of 0.53.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its earnings results on Tuesday, May 6th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The firm had revenue of $144.15 million for the quarter, compared to the consensus estimate of $148.87 million. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. Equities analysts anticipate that Dundee Precious Metals Inc. will post 1.52 earnings per share for the current year.

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.