Insider Selling: Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$190,800.00 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Marie-Anne Tawil sold 10,000 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of C$19.08, for a total value of C$190,800.00.

Dundee Precious Metals Stock Performance

Shares of DPM stock opened at C$18.85 on Thursday. The company has a market capitalization of C$2.33 billion, a price-to-earnings ratio of 11.87, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a one year low of C$10.03 and a one year high of C$19.33. The company’s 50-day moving average is C$16.84 and its 200 day moving average is C$14.66.

Analyst Ratings Changes

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

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.