Dundee Precious Metals (OTCMKTS:DPMLF) Reaches New 12-Month High – Should You Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) hit a new 52-week high on Monday . The company traded as high as $10.68 and last traded at $10.53, with a volume of 20504 shares. The stock had previously closed at $10.55.

Dundee Precious Metals Price Performance

The firm’s fifty day moving average is $9.93 and its 200-day moving average is $8.78. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 9.80 and a beta of 0.69.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter. Dundee Precious Metals had a net margin of 34.73% and a return on equity of 15.87%. The firm had revenue of $156.84 million during the quarter.

Dundee Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date was Friday, September 27th. Dundee Precious Metals’s dividend payout ratio (DPR) is currently 15.24%.

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.