Dundee Precious Metals (TSE:DPM) Hits New 52-Week High – What’s Next?

Dundee Precious Metals Inc. (TSE:DPM) reached a new 52-week high on Wednesday . The stock traded as high as C$65.99 and last traded at C$65.27, with a volume of 22332 shares. The stock had previously closed at C$62.20.

Dundee Precious Metals Trading Up 1.8%

The firm has a market cap of C$14.81 billion, a P/E ratio of 21.85, a price-to-earnings-growth ratio of 0.04 and a beta of 1.44. The business has a 50-day moving average of C$51.61 and a two-hundred day moving average of C$50.18.

Dundee Precious Metals (TSE:DPM) last posted its earnings results on Thursday, July 30th. The mining company reported C$1.35 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%. As a group, equities analysts expect that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current year.

Insider Activity

In other news, insider Alexandria Louise Wilson sold 4,466 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of C$48.69, for a total transaction of C$217,449.54. Insiders own 0.16% of the company’s stock.

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.