Insider Selling: Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Sells 12,000 Shares of Stock

Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Iliya Garkov sold 12,000 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$18.49, for a total transaction of C$221,880.00.

Dundee Precious Metals Stock Down 0.1 %

TSE:DPM traded down C$0.02 during mid-day trading on Tuesday, reaching C$18.45. 630,149 shares of the company were exchanged, compared to its average volume of 584,278. Dundee Precious Metals Inc. has a 12 month low of C$9.75 and a 12 month high of C$18.81. The company has a fifty day moving average of C$15.67 and a 200 day moving average of C$14.18. The stock has a market cap of C$2.28 billion, a PE ratio of 11.62, a PEG ratio of 0.04 and a beta of 1.20.

Analyst Ratings Changes

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

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.