Dundee Precious Metals (OTCMKTS:DPMLF) Shares Up 1.4% – Still a Buy?

Dundee Precious Metals Inc. (OTCMKTS:DPMLFGet Free Report) shares traded up 1.4% during mid-day trading on Monday . The stock traded as high as $9.43 and last traded at $9.20. 16,814 shares changed hands during trading, a decline of 30% from the average session volume of 23,920 shares. The stock had previously closed at $9.07.

Dundee Precious Metals Trading Up 1.4 %

The firm has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $9.15. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 8.29 and a beta of 0.64.

Dundee Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Tuesday, December 31st. Dundee Precious Metals’s dividend payout ratio (DPR) is presently 14.41%.

About Dundee Precious Metals

(Get Free Report)

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.

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