Dundee Precious Metals Inc. (TSE:DPM) Director Nikolay Hristov Sells 3,833 Shares

Dundee Precious Metals Inc. (TSE:DPM) Director Nikolay Hristov sold 3,833 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of C$17.60, for a total value of C$67,460.80.

Dundee Precious Metals Trading Up 1.8 %

Shares of Dundee Precious Metals stock opened at C$18.29 on Friday. The business has a 50-day moving average price of C$15.57 and a two-hundred day moving average price of C$14.13. Dundee Precious Metals Inc. has a 1-year low of C$9.70 and a 1-year high of C$18.54. The company has a market cap of C$2.26 billion, a P/E ratio of 11.52, a PEG ratio of 0.04 and a beta of 1.20.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a report on Tuesday, February 4th. Royal Bank of Canada increased their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. Scotiabank increased their price objective on Dundee Precious Metals from C$18.00 to C$18.50 in a report on Wednesday, January 15th. Finally, CIBC increased their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, February 14th.

About Dundee Precious Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.