Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Sells C$221,880.00 in Stock

Dundee Precious Metals Inc. (TSE:DPM) Senior Officer Iliya Garkov sold 12,000 shares of the company’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of C$18.49, for a total transaction of C$221,880.00.

Dundee Precious Metals Stock Performance

Shares of DPM stock traded down C$0.02 during mid-day trading on Tuesday, reaching C$18.45. The company’s stock had a trading volume of 630,149 shares, compared to its average volume of 584,278. Dundee Precious Metals Inc. has a 1-year low of C$9.75 and a 1-year high of C$18.81. The company has a market cap of C$2.28 billion, a P/E ratio of 11.62, a PEG ratio of 0.04 and a beta of 1.20. The firm’s 50-day moving average is C$15.67 and its two-hundred day moving average is C$14.18.

Analysts Set New Price Targets

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

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.