Dundee Precious Metals (TSE:DPM) PT Raised to C$14.50 at National Bankshares

Dundee Precious Metals (TSE:DPM) had its target price increased by investment analysts at National Bankshares from C$14.00 to C$14.50 in a report issued on Friday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the mining company’s stock. National Bankshares’ target price suggests a potential upside of 50.88% from the stock’s previous close.

Dundee Precious Metals Trading Down 2.7 %

DPM opened at C$9.61 on Friday. The firm has a market capitalization of C$1.74 billion, a PE ratio of 7.75, a P/E/G ratio of 0.04 and a beta of 1.24. The company has a debt-to-equity ratio of 1.29, a current ratio of 7.27 and a quick ratio of 6.61. Dundee Precious Metals has a fifty-two week low of C$5.98 and a fifty-two week high of C$10.78. The company’s 50-day moving average is C$8.76 and its 200 day moving average is C$9.04.

About Dundee Precious Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition of mineral properties; and exploration, development, mining, and processing of precious metals. It owns and operates a gold, copper, and silver mine located east of Sofia, Bulgaria; a gold mine located in south eastern Bulgaria, near the town of Krumovgrad; and a custom smelter located in Tsumeb, Namibia.