Dundee Precious Metals (OTCMKTS:DPMLF) Reaches New 1-Year High – Here’s Why

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) reached a new 52-week high during trading on Tuesday . The company traded as high as $11.30 and last traded at $11.21, with a volume of 106517 shares traded. The stock had previously closed at $11.01.

Analyst Ratings Changes

Separately, TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th.

Dundee Precious Metals Stock Up 1.9 %

The stock has a market cap of $1.98 billion, a P/E ratio of 10.10 and a beta of 0.66. The firm has a 50 day simple moving average of $9.56 and a 200-day simple moving average of $9.59.

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.