Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 1-Year High – Time to Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLFGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.30 and last traded at $11.21, with a volume of 106517 shares traded. The stock had previously closed at $11.01.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on DPMLF

Dundee Precious Metals Stock Performance

The business has a fifty day simple moving average of $9.64 and a 200-day simple moving average of $9.63. The stock has a market capitalization of $1.97 billion, a P/E ratio of 9.65 and a beta of 0.66.

Dundee Precious Metals Company Profile

(Get Free Report)

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.

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