Dundee Precious Metals (OTCMKTS:DPMLF) Shares Up 1.5% – Here’s Why

Dundee Precious Metals Inc. (OTCMKTS:DPMLF)’s share price shot up 1.5% during mid-day trading on Monday . The company traded as high as $10.38 and last traded at $10.33. 26,996 shares traded hands during trading, an increase of 15% from the average session volume of 23,428 shares. The stock had previously closed at $10.18.

Dundee Precious Metals Trading Up 0.7 %

The company’s fifty day simple moving average is $9.48 and its 200 day simple moving average is $9.54. The firm has a market capitalization of $1.87 billion, a P/E ratio of 9.54 and a beta of 0.66.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). The company had revenue of $147.26 million during the quarter. Dundee Precious Metals had a return on equity of 16.96% and a net margin of 35.59%. On average, analysts predict that Dundee Precious Metals Inc. will post 1.18 earnings per share for the current fiscal 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.