Dundee Precious Metals Inc. (OTCMKTS:DPMLF) to Issue $0.04 Quarterly Dividend

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) announced a quarterly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Monday, September 30th will be paid a dividend of 0.04 per share on Tuesday, October 15th. This represents a $0.16 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, September 27th.

Dundee Precious Metals Stock Performance

Shares of OTCMKTS:DPMLF traded up $0.22 during mid-day trading on Wednesday, hitting $10.29. The stock had a trading volume of 11,365 shares, compared to its average volume of 16,432. Dundee Precious Metals has a 12-month low of $5.78 and a 12-month high of $10.36. The company has a market cap of $1.85 billion, a PE ratio of 9.80 and a beta of 0.69. The company’s 50 day moving average is $9.28 and its 200-day moving average is $8.38.

Dundee Precious Metals (OTCMKTS:DPMLF) last released its earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter. Dundee Precious Metals had a net margin of 34.73% and a return on equity of 15.87%. The company had revenue of $156.84 million during the quarter.

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.