Dundee Precious Metals (TSE:DPM – Get Free Report) had its target price raised by equities researchers at Scotiabank from C$13.25 to C$14.00 in a report issued on Thursday, BayStreet.CA reports. Scotiabank’s price target suggests a potential upside of 31.09% from the company’s current price.
Several other equities analysts have also recently commented on the stock. Stifel Nicolaus boosted their price target on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a report on Friday, April 19th. CIBC boosted their price target on shares of Dundee Precious Metals from C$11.50 to C$13.00 in a report on Monday, April 15th. National Bankshares lowered their price target on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a report on Friday, April 19th. Canaccord Genuity Group boosted their price target on shares of Dundee Precious Metals from C$13.00 to C$13.25 in a report on Tuesday, April 23rd. Finally, Jefferies Financial Group set a C$13.00 price objective on shares of Dundee Precious Metals and gave the company a “buy” rating in a research note on Thursday, February 29th.
Dundee Precious Metals Trading Up 1.2 %
Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.48 by C($0.10). Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. The company had revenue of C$189.66 million for the quarter. Research analysts predict that Dundee Precious Metals will post 1.137045 EPS for the current year.
Insider Activity at Dundee Precious Metals
In related news, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of C$10.13, for a total value of C$205,294.58. In related news, Director Anthony P. Walsh sold 7,200 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of C$10.05, for a total value of C$72,360.00. Following the completion of the transaction, the director now owns 550 shares of the company’s stock, valued at C$5,527.50. Also, Senior Officer Kelly Elizabeth Stark-Anderson sold 20,266 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of C$10.13, for a total transaction of C$205,294.58. In the last 90 days, insiders sold 79,790 shares of company stock valued at $798,029. Insiders own 0.11% of the company’s stock.
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.
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