Dundee Precious Metals (TSE:DPM – Get Free Report) had its price target raised by Scotiabank from C$14.00 to C$15.00 in a report issued on Thursday, BayStreet.CA reports. Scotiabank’s target price points to a potential upside of 37.87% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on DPM. Stifel Nicolaus increased their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research note on Friday, April 19th. CIBC raised their target price on Dundee Precious Metals from C$11.50 to C$13.00 in a report on Monday, April 15th. Canaccord Genuity Group raised their price objective on Dundee Precious Metals from C$13.00 to C$13.25 in a research note on Tuesday, April 23rd. Jefferies Financial Group set a C$13.00 target price on shares of Dundee Precious Metals and gave the company a “buy” rating in a research report on Thursday, February 29th. Finally, National Bankshares upped their price target on shares of Dundee Precious Metals from C$13.50 to C$14.00 in a report on Wednesday, May 15th.
Read Our Latest Stock Report on DPM
Dundee Precious Metals Price Performance
Insider Activity
In related news, Director Anthony P. Walsh sold 7,200 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of C$10.05, for a total value of C$72,360.00. Following the sale, the director now directly owns 550 shares in the company, valued at C$5,527.50. In other news, Director Anthony P. Walsh sold 7,200 shares of Dundee Precious Metals stock in a transaction dated Friday, March 8th. The stock was sold at an average price of C$10.05, for a total value of C$72,360.00. Following the completion of the transaction, the director now directly owns 550 shares of the company’s stock, valued at approximately C$5,527.50. Also, Director Nikolay Hristov sold 3,799 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$10.10, for a total value of C$38,369.90. Over the last quarter, insiders sold 141,971 shares of company stock valued at $1,482,001. Company insiders own 0.14% of the company’s stock.
Dundee Precious Metals Company Profile
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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