Dundee Precious Metals (OTCMKTS:DPMLF) PT Lowered to C$11.50

Dundee Precious Metals (OTCMKTS:DPMLF) had its price target cut by investment analysts at Scotiabank from C$12.00 to C$11.50 in a note issued to investors on Tuesday, The Fly reports. The firm currently has an “outperform” rating on the stock.

A number of other brokerages also recently issued reports on DPMLF. Dundee Securities decreased their price target on Dundee Precious Metals from C$12.50 to C$11.50 and set an “outperform” rating for the company in a report on Friday, September 10th. CIBC reaffirmed a “buy” rating and set a $11.50 price target on shares of Dundee Precious Metals in a report on Friday, October 8th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $11.50.

Shares of OTCMKTS DPMLF opened at $6.62 on Tuesday. Dundee Precious Metals has a twelve month low of $5.64 and a twelve month high of $8.16. The stock has a fifty day simple moving average of $6.17 and a 200-day simple moving average of $6.50. The stock has a market capitalization of $1.27 billion, a PE ratio of 5.66 and a beta of 0.48.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its earnings results on Thursday, July 29th. The company reported $0.37 EPS for the quarter. Dundee Precious Metals had a return on equity of 24.80% and a net margin of 34.04%. The firm had revenue of $174.70 million during the quarter.

About Dundee Precious Metals

Dundee Precious Metals, Inc is an international gold mining company, which engages in the acquisition of mineral properties, exploration, development, and processing of metals. It operates through the following segments: Chelopech, Ada Tepe, Tsumeb, and Corporate and Other. The Chelopech segment covers gold production.

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Analyst Recommendations for Dundee Precious Metals (OTCMKTS:DPMLF)

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