Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 1-Year High – What’s Next?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $12.40 and last traded at $12.20, with a volume of 48943 shares trading hands. The stock had previously closed at $12.15.

Wall Street Analysts Forecast Growth

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

Dundee Precious Metals Trading Up 0.2 %

The company has a market cap of $2.12 billion, a PE ratio of 9.33 and a beta of 0.62. The stock has a 50 day moving average price of $10.53 and a 200 day moving average price of $9.97.

Dundee Precious Metals (OTCMKTS:DPMLF) last announced its earnings results on Thursday, February 13th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. Equities analysts expect that Dundee Precious Metals Inc. will post 1.52 EPS for the current fiscal year.

Dundee Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Monday, March 31st. Dundee Precious Metals’s dividend payout ratio is 12.21%.

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.