Dundee Precious Metals’ (DPM) “Outperform” Rating Reiterated at Scotiabank
Dundee Precious Metals Inc (TSE:DPM)‘s stock had its “outperform” rating reiterated by Scotiabank in a research note issued to investors on Wednesday, StockTargetPrices.com reports. They presently have a C$6.00 price objective on the mining company’s stock. Scotiabank’s target price suggests a potential upside of 112.77% from the company’s previous close.
Shares of Dundee Precious Metals (TSE:DPM) traded down 0.35% during trading on Wednesday, reaching $2.81. The company had a trading volume of 68,340 shares. The stock’s market capitalization is $451.25 million. The stock has a 50 day moving average of $3.37 and a 200 day moving average of $3.13. Dundee Precious Metals has a 52-week low of $0.84 and a 52-week high of $4.14.
Dundee Precious Metals Company Profile
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Dundee Precious Metals Inc (DPM) is a Canada-based gold mining company. The Company is engaged in the acquisition, exploration, development, mining and processing of precious metals. The Company’s operates through its subsidiaries, such as Dundee Precious Metals Chelopech EAD (Chelopech), Dundee Precious Metals Kapan CJSC (Kapan) and Dundee Precious Metals Tsumeb (Proprietary) Limited (Tsumeb).
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