Dundee Precious Metals (OTCMKTS:DPMLF) Reaches New 1-Year High – Time to Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) hit a new 52-week high on Monday . The company traded as high as $10.68 and last traded at $10.53, with a volume of 20504 shares trading hands. The stock had previously closed at $10.55.

Dundee Precious Metals Stock Performance

The firm has a fifty day simple moving average of $9.86 and a 200-day simple moving average of $8.72. The company has a market capitalization of $1.91 billion, a PE ratio of 10.05 and a beta of 0.69.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter. Dundee Precious Metals had a net margin of 34.73% and a return on equity of 15.87%. The business had revenue of $156.84 million during the quarter.

Dundee Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.16 annualized dividend and a dividend yield of 1.52%. Dundee Precious Metals’s payout ratio is 15.24%.

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.