Robert Peter Charles Gillin Sells 10,000 Shares of Dundee Precious Metals Inc. (TSE:DPM) Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 10,000 shares of the firm’s 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 value of C$185,200.00.

Dundee Precious Metals Trading Down 0.6 %

Dundee Precious Metals stock opened at C$18.67 on Thursday. Dundee Precious Metals Inc. has a 12-month low of C$9.98 and a 12-month high of C$19.03. The firm has a 50-day moving average price of C$16.35 and a 200-day moving average price of C$14.45. The firm has a market capitalization of C$2.31 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.

Wall Street Analyst Weigh In

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

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.