Insider Selling: Dundee Precious Metals Inc. (TSE:DPM) Director Sells 10,000 Shares of Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Marie-Anne Tawil sold 10,000 shares of the company’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of C$19.08, for a total value of C$190,800.00.

Dundee Precious Metals Stock Up 0.9 %

Shares of TSE DPM opened at C$19.08 on Tuesday. The company has a market capitalization of C$2.36 billion, a PE ratio of 12.02, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals Inc. has a twelve month low of C$9.98 and a twelve month high of C$19.25. The firm has a fifty day simple moving average of C$16.65 and a 200 day simple moving average of C$14.59.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. TD Securities upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th. Scotiabank boosted their price objective on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. Royal Bank of Canada raised their target price on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, December 6th. Finally, CIBC upped their price target on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th.

Dundee Precious Metals Company Profile

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.