Robert Peter Charles Gillin Sells 10,000 Shares of Dundee Precious Metals Inc. (TSE:DPM) Stock

Dundee Precious Metals Inc. (TSE:DPM) Director Robert Peter Charles Gillin sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of C$18.52, for a total transaction of C$185,200.00.

Dundee Precious Metals Stock Up 1.2 %

Dundee Precious Metals stock opened at C$18.89 on Friday. The firm has a fifty day simple moving average of C$16.45 and a two-hundred day simple moving average of C$14.48. Dundee Precious Metals Inc. has a twelve month low of C$9.98 and a twelve month high of C$19.03. The company has a market capitalization of C$2.33 billion, a PE ratio of 11.90, a P/E/G ratio of 0.04 and a beta of 1.20.

Wall Street Analysts Forecast Growth

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

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.