Dundee Precious Metals (OTCMKTS:DPMLF) Sets New 1-Year High at $8.13

Shares of Dundee Precious Metals Inc. (OTCMKTS:DPMLF) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $8.13 and last traded at $7.67, with a volume of 50230 shares changing hands. The stock had previously closed at $7.92.

Dundee Precious Metals Price Performance

The business’s fifty day simple moving average is $7.54 and its 200 day simple moving average is $6.93. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 7.38 and a beta of 0.67.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its earnings results on Wednesday, February 14th. The company reported $0.28 EPS for the quarter. The company had revenue of $139.30 million during the quarter. Dundee Precious Metals had a return on equity of 17.29% and a net margin of 32.28%.

Dundee Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a $0.04 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.16 annualized dividend and a yield of 2.09%. Dundee Precious Metals’s dividend payout ratio is presently 15.38%.

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.