Dundee Precious Metals Inc. Announces Quarterly Dividend of $0.04 (OTCMKTS:DPMLF)

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) announced a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.04 per share on Tuesday, April 15th. This represents a $0.16 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Monday, March 31st.

Dundee Precious Metals Trading Up 0.1 %

Shares of OTCMKTS DPMLF traded up $0.01 during midday trading on Friday, reaching $13.21. The company had a trading volume of 56,013 shares, compared to its average volume of 69,963. The stock has a market cap of $2.27 billion, a P/E ratio of 10.08 and a beta of 0.62. Dundee Precious Metals has a 1 year low of $7.35 and a 1 year high of $13.33. The business’s 50-day simple moving average is $11.54 and its 200 day simple moving average is $10.29.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its earnings results on Thursday, February 13th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. Dundee Precious Metals had a return on equity of 19.41% and a net margin of 38.84%. Analysts predict that Dundee Precious Metals will post 1.52 earnings per share for the current year.

Analyst Ratings Changes

Separately, TD Securities upgraded 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.