Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Iliya Garkov Sells 12,000 Shares

Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Iliya Garkov sold 12,000 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of C$18.49, for a total transaction of C$221,880.00.

Dundee Precious Metals Trading Down 0.1 %

Dundee Precious Metals stock opened at C$18.45 on Wednesday. The business’s 50 day simple moving average is C$15.78 and its 200 day simple moving average is C$14.22. Dundee Precious Metals Inc. has a 12 month low of C$9.75 and a 12 month high of C$18.81. The company has a market cap of C$2.28 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 0.04 and a beta of 1.20.

Wall Street Analysts Forecast Growth

DPM has been the subject of several analyst reports. Scotiabank increased 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 increased their price target on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th. TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, Royal Bank of Canada raised their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, December 6th.

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.