Dundee Precious Metals (TSE:DPM) Issues Quarterly Earnings Results

Dundee Precious Metals (TSE:DPM) announced its earnings results on Thursday. The mining company reported C$0.94 EPS for the quarter, FiscalAI reports. The business had revenue of C$443.66 million during the quarter. Dundee Precious Metals had a net margin of 51.68% and a return on equity of 24.39%.

Dundee Precious Metals Stock Performance

TSE:DPM opened at C$50.56 on Friday. The company’s 50-day simple moving average is C$57.25 and its 200-day simple moving average is C$52.69. Dundee Precious Metals has a fifty-two week low of C$30.60 and a fifty-two week high of C$72.54. The stock has a market capitalization of C$11.09 billion, a P/E ratio of 16.36, a P/E/G ratio of 0.04 and a beta of 1.48.

Insider Activity at Dundee Precious Metals

In related news, Director Juanita Montalvo sold 2,277 shares of the business’s stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of C$61.43, for a total transaction of C$139,876.11. Following the completion of the transaction, the director owned 13,694 shares in the company, valued at C$841,222.42. The trade was a 14.26% decrease in their position. In the last three months, insiders have sold 6,408 shares of company stock worth $335,104. Insiders own 0.16% of the company’s stock.

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.