Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$185,200.00 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 10,000 shares of Dundee Precious Metals stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of C$18.52, for a total transaction of C$185,200.00.

Dundee Precious Metals Trading Up 1.9 %

TSE DPM traded up C$0.35 during trading on Tuesday, hitting C$18.79. 526,723 shares of the company’s stock were exchanged, compared to its average volume of 615,723. The company has a market cap of C$2.32 billion, a PE ratio of 11.84, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a fifty-two week low of C$9.84 and a fifty-two week high of C$18.96. The stock’s 50 day moving average price is C$16.15 and its two-hundred day moving average price is C$14.38.

Wall Street Analysts Forecast Growth

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

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.