Dundee Precious Metals Inc. (OTCMKTS:DPMLF) to Issue Quarterly Dividend of $0.04

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) announced a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.04 per share on Tuesday, April 15th. This represents a $0.16 annualized dividend and a yield of 1.21%. The ex-dividend date is Monday, March 31st.

Dundee Precious Metals Stock Performance

DPMLF stock traded up $0.01 during trading on Friday, hitting $13.21. 56,013 shares of the company’s stock traded hands, compared to its average volume of 69,963. The business has a fifty day simple moving average of $11.54 and a 200 day simple moving average of $10.29. Dundee Precious Metals has a 52 week low of $7.35 and a 52 week high of $13.33. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 10.08 and a beta of 0.62.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. Research analysts forecast that Dundee Precious Metals will post 1.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th.

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.