Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 12-Month High – Time to Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $12.15 and last traded at $12.08, with a volume of 98084 shares traded. The stock had previously closed at $11.49.

Analysts Set New Price Targets

Separately, TD Securities upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th.

Dundee Precious Metals Trading Down 1.4 %

The firm has a market cap of $2.07 billion, a P/E ratio of 9.09 and a beta of 0.66. The company’s 50 day simple moving average is $9.98 and its 200-day simple moving average is $9.78.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its earnings results on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. On average, sell-side analysts anticipate that Dundee Precious Metals Inc. will post 1.52 earnings per share for the current 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.