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

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

Dundee Precious Metals Stock Performance

TSE:DPM opened at C$17.56 on Thursday. The stock’s 50-day simple moving average is C$15.38 and its 200 day simple moving average is C$14.07. Dundee Precious Metals Inc. has a 52-week low of C$9.63 and a 52-week high of C$17.82. The company has a market cap of C$2.17 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.04 and a beta of 1.20.

Wall Street Analyst Weigh In

Several research firms recently commented on DPM. CIBC boosted their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th. Royal Bank of Canada boosted their price target 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, TD Securities raised Dundee Precious Metals to a “strong-buy” rating in a research report 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.