Dundee Precious Metals Inc (TSE:DPM) – Stock analysts at National Bank Financial issued their Q3 2020 EPS estimates for Dundee Precious Metals in a research note issued to investors on Sunday, October 18th. National Bank Financial analyst D. Demarco anticipates that the mining company will post earnings of $0.31 per share for the quarter. National Bank Financial has a “Outperform” rating and a $13.00 price target on the stock. National Bank Financial also issued estimates for Dundee Precious Metals’ FY2021 earnings at $1.36 EPS. Dundee Precious Metals (TSE:DPM) last released its earnings results on Thursday, July 30th. The mining company reported C$0.35 earnings per share for the quarter, topping the consensus estimate of C$0.25 by C$0.10. The firm had revenue of C$217.70 million during the quarter.
Several other research analysts also recently weighed in on the stock. Scotiabank lifted their target price on shares of Dundee Precious Metals from C$10.50 to C$11.50 in a research report on Tuesday, October 13th. M Partners reissued a “buy” rating on shares of Dundee Precious Metals in a research report on Wednesday, July 29th. CIBC lifted their target price on shares of Dundee Precious Metals from C$10.50 to C$12.50 in a research report on Tuesday, August 4th. Finally, Canaccord Genuity decreased their price target on shares of Dundee Precious Metals from C$11.50 to C$11.00 in a report on Monday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of C$12.00.
Dundee Precious Metals stock opened at C$9.83 on Wednesday. The firm’s 50 day simple moving average is C$9.66 and its 200-day simple moving average is C$8.29. The company has a market cap of $1.78 billion and a P/E ratio of 317.10. The company has a debt-to-equity ratio of 3.11, a current ratio of 1.94 and a quick ratio of 1.57. Dundee Precious Metals has a fifty-two week low of C$3.20 and a fifty-two week high of C$10.73.
In other Dundee Precious Metals news, Senior Officer Michael Ryan Dorfman sold 48,100 shares of Dundee Precious Metals stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of C$9.53, for a total value of C$458,393.00. Following the completion of the sale, the insider now directly owns 17,000 shares in the company, valued at C$162,010. Also, insider Anthony P. Walsh sold 10,000 shares of Dundee Precious Metals stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of C$10.14, for a total transaction of C$101,400.00. Following the completion of the sale, the insider now owns 550 shares of the company’s stock, valued at C$5,577. Insiders sold 95,200 shares of company stock valued at $942,294 over the last quarter.
About Dundee Precious Metals
Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech, which owns and operates gold, copper, and silver mine located in east of Sofia, Bulgaria; Krumovgrad that operates a gold mine located in south eastern Bulgaria; and Tsumeb, which owns and operates custom smelter located in Tsumeb, Namibia.
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