Nikolay Hristov Sells 3,833 Shares of Dundee Precious Metals Inc. (TSE:DPM) Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Nikolay Hristov sold 3,833 shares of the company’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of C$17.60, for a total transaction of C$67,460.80.

Dundee Precious Metals Stock Performance

Shares of Dundee Precious Metals stock opened at C$17.56 on Thursday. The stock has a market cap of C$2.17 billion, a PE ratio of 11.06, a PEG ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a 52-week low of C$9.63 and a 52-week high of C$17.82. The firm has a 50-day moving average of C$15.38 and a 200-day moving average of C$14.07.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DPM. Scotiabank boosted their price target on Dundee Precious Metals from C$18.00 to C$18.50 in a research report on Wednesday, January 15th. TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th. Royal Bank of Canada increased their price target on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. Finally, CIBC upped their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, February 14th.

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.