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

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) announced a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given 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 Up 0.1 %

Shares of Dundee Precious Metals stock traded up $0.01 on Friday, reaching $13.21. 56,013 shares of the stock were exchanged, compared to its average volume of 69,963. The business has a 50 day moving average price of $11.54 and a two-hundred day moving average price of $10.29. The firm 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 has a twelve month low of $7.35 and a twelve month high of $13.33.

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

Analyst Ratings Changes

Separately, TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research note 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.