Dundee Precious Metals Inc. (TSE:DPM) Receives C$56.11 Average PT from Brokerages

Shares of Dundee Precious Metals Inc. (TSE:DPM) have received an average recommendation of “Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$56.11.

Dundee Precious Metals Stock Performance

Shares of TSE:DPM opened at C$60.80 on Wednesday. The firm’s 50 day simple moving average is C$56.27 and its 200-day simple moving average is C$51.42. Dundee Precious Metals has a one year low of C$27.72 and a one year high of C$72.54. The firm has a market cap of C$13.34 billion, a PE ratio of 19.68, a price-to-earnings-growth ratio of 0.04 and a beta of 1.49.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings results on Thursday, July 30th. The mining company reported C$1.35 earnings per share (EPS) for the quarter. The firm had revenue of C$513.67 million during the quarter. Dundee Precious Metals had a return on equity of 24.39% and a net margin of 51.68%. Equities research analysts predict that Dundee Precious Metals will post 1.9039474 EPS for the current fiscal year.

About Dundee Precious Metals

DPM Metals Inc is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and grow together. Our strategic objective is to become a mid-tier precious metals company, which is based on sustainable, responsible and efficient gold production from our portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions.