Dundee Precious Metals (TSE:DPM) Reaches New 12-Month High – Here’s What Happened

Shares of Dundee Precious Metals Inc. (TSE:DPM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$63.91 and last traded at C$62.73, with a volume of 619428 shares trading hands. The stock had previously closed at C$62.28.

Dundee Precious Metals Trading Up 1.6%

The stock has a 50 day simple moving average of C$49.88 and a 200 day simple moving average of C$49.83. The stock has a market cap of C$13.67 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 0.04 and a beta of 1.44.

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

Insider Buying and Selling

In other Dundee Precious Metals news, insider Alexandria Louise Wilson sold 4,466 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total value of C$217,449.54. 0.16% of the stock is currently owned by corporate insiders.

Dundee Precious Metals Company Profile

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.