Stifel Nicolaus Raises Dundee Precious Metals (TSE:DPM) Price Target to C$14.50

Dundee Precious Metals (TSE:DPM) had its target price upped by equities research analysts at Stifel Nicolaus from C$13.00 to C$14.50 in a report released on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective indicates a potential upside of 34.51% from the stock’s current price.

DPM has been the subject of several other reports. CIBC lifted their price objective on Dundee Precious Metals from C$11.50 to C$13.00 in a research report on Monday. Jefferies Financial Group set a C$13.00 price objective on shares of Dundee Precious Metals and gave the company a “buy” rating in a research note on Thursday, February 29th. Finally, Scotiabank lowered their target price on shares of Dundee Precious Metals from C$13.50 to C$13.25 in a report on Thursday, February 15th.

Dundee Precious Metals Trading Up 0.5 %

DPM stock traded up C$0.05 during trading on Friday, hitting C$10.78. The company had a trading volume of 116,618 shares, compared to its average volume of 569,126. The stock has a market cap of C$1.96 billion, a PE ratio of 8.11, a PEG ratio of 0.04 and a beta of 1.20. The business has a 50-day moving average of C$9.69 and a 200-day moving average of C$9.19. The company has a current ratio of 6.70, a quick ratio of 6.61 and a debt-to-equity ratio of 0.28. Dundee Precious Metals has a one year low of C$7.79 and a one year high of C$10.94.

Dundee Precious Metals (TSE:DPM) last posted its quarterly earnings data on Wednesday, February 14th. The mining company reported C$0.38 EPS for the quarter, missing analysts’ consensus estimates of C$0.48 by C($0.10). Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. The firm had revenue of C$189.66 million during the quarter. Research analysts predict that Dundee Precious Metals will post 1.137045 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Dundee Precious Metals news, Director Robert Peter Charles Gillin sold 8,620 shares of Dundee Precious Metals stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$9.90, for a total transaction of C$85,338.00. In other news, Director Robert Peter Charles Gillin sold 8,620 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$9.90, for a total transaction of C$85,338.00. Also, Director Anthony P. Walsh sold 7,200 shares of Dundee Precious Metals stock in a transaction 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 owns 550 shares in the company, valued at C$5,527.50. Over the last ninety days, insiders have sold 79,790 shares of company stock worth $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.