Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Declares $0.04 Quarterly Dividend

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) declared a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.04 per share on Tuesday, April 15th. This represents a $0.16 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Monday, March 31st.

Dundee Precious Metals Trading Up 0.1 %

DPMLF stock traded up $0.01 during mid-day trading on Friday, reaching $13.21. The company’s stock had a trading volume of 56,013 shares, compared to its average volume of 69,963. The company’s 50 day moving average is $11.54 and its two-hundred day moving average is $10.29. Dundee Precious Metals has a fifty-two week low of $7.35 and a fifty-two week high of $13.33. The stock has a market cap of $2.27 billion, a PE ratio of 10.08 and a beta of 0.62.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. On average, analysts forecast that Dundee Precious Metals will post 1.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th.

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.