Dundee Precious Metals Inc (DPM) Given Outperform Rating at Scotiabank
Dundee Precious Metals Inc (TSE:DPM)‘s stock had its “outperform” rating reiterated by equities researchers at Scotiabank in a report released on Wednesday. They presently have a C$6.00 target price on the mining company’s stock. Scotiabank’s price target would indicate a potential upside of 112.77% from the company’s current price.
Shares of Dundee Precious Metals (TSE:DPM) traded up 0.35% during mid-day trading on Wednesday, hitting $2.83. 145,586 shares of the stock traded hands. The stock has a 50 day moving average price of $3.37 and a 200-day moving average price of $3.13. The company’s market cap is $454.46 million. Dundee Precious Metals has a one year low of $0.84 and a one year high of $4.14.
About Dundee Precious Metals
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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