Dundee Precious Metals (TSE:DPM) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Dundee Precious Metals Inc. (TSE:DPM) shares passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$52.59 and traded as high as C$54.08. Dundee Precious Metals shares last traded at C$53.42, with a volume of 888,101 shares.

Dundee Precious Metals Stock Performance

The stock’s 50 day moving average price is C$58.12 and its 200-day moving average price is C$52.59. The company has a market cap of C$11.72 billion, a PE ratio of 17.29, a PEG ratio of 0.04 and a beta of 1.48.

Insiders Place Their Bets

In other Dundee Precious Metals news, Director Juanita Montalvo sold 2,277 shares of the business’s stock in a transaction on Monday, September 28th. The shares were sold at an average price of C$61.43, for a total value of C$139,876.11. Following the completion of the sale, the director directly owned 13,694 shares of the company’s stock, valued at C$841,222.42. The trade was a 14.26% decrease in their ownership of the stock. Insiders have sold 6,408 shares of company stock valued at $335,104 over the last ninety days. 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.