Dundee Precious Metals Inc. (TSE:DPM) Director Xuefeng Chen Sells 6,750 Shares

Dundee Precious Metals Inc. (TSE:DPM) Director Xuefeng Chen sold 6,750 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00.

Dundee Precious Metals Price Performance

Shares of TSE:DPM opened at C$16.89 on Wednesday. The firm has a market capitalization of C$2.09 billion, a PE ratio of 10.64, a P/E/G ratio of 0.04 and a beta of 1.20. The business has a 50-day moving average of C$14.40 and a two-hundred day moving average of C$13.73. Dundee Precious Metals Inc. has a 12 month low of C$8.70 and a 12 month high of C$17.38.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th. Royal Bank of Canada upped their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th. Scotiabank upped their target price on Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. Finally, CIBC upped their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, February 14th.

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.