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

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) declared a quarterly dividend on Tuesday, May 7th, NASDAQ reports. Shareholders of record on Sunday, June 30th will be given a dividend of 0.04 per share on Monday, July 15th. This represents a $0.16 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Friday, June 28th.

Dundee Precious Metals Stock Performance

DPMLF stock traded up $0.02 during mid-day trading on Wednesday, reaching $8.00. 10,694 shares of the stock traded hands, compared to its average volume of 15,749. Dundee Precious Metals has a one year low of $5.78 and a one year high of $8.50. The stock has a market capitalization of $1.45 billion, a PE ratio of 7.62 and a beta of 0.69. The business has a 50-day moving average price of $7.96 and a two-hundred day moving average price of $7.21.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $123.80 million during the quarter. Dundee Precious Metals had a net margin of 33.95% and a return on equity of 15.57%.

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.