Dundee Precious Metals Inc (DPM) Shares Up 5.9%

Dundee Precious Metals Inc (TSE:DPM)’s share price shot up 5.9% during mid-day trading on Monday . The company traded as high as C$2.52 and last traded at C$2.52. 57,123 shares were traded during trading, a decline of 65% from the average session volume of 162,202 shares. The stock had previously closed at C$2.38.

The firm’s market cap is $460.43 million. The stock has a 50-day moving average price of $2.54 and a 200 day moving average price of $2.53.

In other news, insider Gmt Capital Corp acquired 40,000 shares of Dundee Precious Metals stock in a transaction dated Friday, September 1st. The shares were acquired at an average cost of C$2.32 per share, for a total transaction of C$92,800.00. Insiders bought a total of 52,700 shares of company stock worth $121,284 over the last 90 days.

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Dundee Precious Metals Company Profile

Dundee Precious Metals Inc is a gold mining company. The Company, through its subsidiaries, is engaged in the acquisition, exploration, development, mining and processing of precious metals. Its segments include Dundee Precious Metals Chelopech EAD (Chelopech) in Bulgaria, Dundee Precious Metals Tsumeb (Proprietary) Limited (Tsumeb) in Namibia, and Corporate and Other.

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