Dundee Precious Metals Inc. (TSE:DPM) Director Sells C$115,155.00 in Stock

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 transaction of C$115,155.00.

Dundee Precious Metals Stock Up 0.7 %

Dundee Precious Metals stock opened at C$17.00 on Thursday. Dundee Precious Metals Inc. has a 12-month low of C$8.70 and a 12-month high of C$17.38. The firm’s fifty day moving average is C$14.47 and its 200 day moving average is C$13.76. The company has a market capitalization of C$2.10 billion, a PE ratio of 10.71, a PEG ratio of 0.04 and a beta of 1.20.

Analyst Upgrades and Downgrades

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

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.