Dundee Precious Metals (TSE:DPM) Reaches New 12-Month High – Should You Buy?

Dundee Precious Metals Inc. (TSE:DPMGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$65.99 and last traded at C$65.27, with a volume of 22332 shares trading hands. The stock had previously closed at C$62.20.

Dundee Precious Metals Price Performance

The firm has a market cap of C$14.39 billion, a price-to-earnings ratio of 21.24, a P/E/G ratio of 0.04 and a beta of 1.44. The firm has a fifty day simple moving average of C$50.63 and a two-hundred day simple moving average of C$49.95.

Dundee Precious Metals (TSE:DPMGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The mining company reported C$1.35 earnings per share for the quarter. Dundee Precious Metals had a return on equity of 24.39% and a net margin of 51.68%.The business had revenue of C$513.67 million for the quarter. Equities analysts anticipate that Dundee Precious Metals Inc. will post 1.9039474 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Dundee Precious Metals news, insider Alexandria Louise Wilson sold 4,466 shares of the business’s stock in a transaction that occurred 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. 0.16% of the stock is owned by company insiders.

About Dundee Precious Metals

(Get Free Report)

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.

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