Dundee Precious Metals Inc (TSE:DPM) target price raised to $6.00, reported today by Scotia Capital
- Updated: November 29, 2016
Dundee Precious Metals Inc (TSE:DPM) had its target price raised to $6.00 by Scotia Capital in a report released 11/29/2016. The new target price indicates a possible upside of 2.03% based on the company's last stock close price.
Previously on 1/14/2016, Scotia Capital reported about Dundee Precious Metals Inc (TSE:DPM) lowered the target price from $2.00 to $1.00. At the time, this indicated a possible upside of 0.03%.
Yesterday Dundee Precious Metals Inc (TSE:DPM) traded -1.49% lower at $1.98. Dundee Precious Metals Inc’s 50-day moving average is $2.59 and its 200-day moving average is $3.16. The last stock price is down -36.93% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Volume of trade was down over the average, with 79,830 shares of DPM changing hands under the typical 281,594
With a total market value of $0, Dundee Precious Metals Inc has with a one year low of $0.84 and a one year high of $4.14 .
A total of 5 equity analysts have released a research note on DPM. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $3.33.
Brief Synopsis About Dundee Precious Metals Inc (TSE:DPM)
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). The Company's segments include Chelopech, Kapan, Tsumeb, and Corporate and Other. The Corporate and Other segment includes its corporate, exploration and development projects. Chelopech owns and operates gold, copper and silver mine located east of Sofia, Bulgaria. Kapan owns and operates a gold, copper, zinc and silver mine located in the town of Kapan, southeast of the capital city of Yerevan in southern Armenia. Tsumeb owns and operates a custom smelter located in Tsumeb, Namibia. Its subsidiaries also include Avala Resources Ltd. and Dundee Precious Metals Krumovgrad EAD.
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