Dundee Precious Metals Inc. (OTCMKTS:DPMLF) Plans Quarterly Dividend of $0.04

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) declared a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be given a dividend of 0.04 per share on Tuesday, April 15th. This represents a $0.16 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Monday, March 31st.

Dundee Precious Metals Price Performance

Shares of DPMLF traded up $0.01 during mid-day trading on Friday, reaching $13.21. The stock had a trading volume of 56,013 shares, compared to its average volume of 69,963. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of 10.08 and a beta of 0.62. The business’s fifty day moving average is $11.54 and its 200 day moving average is $10.29. Dundee Precious Metals has a 52-week low of $7.35 and a 52-week high of $13.33.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.45 by $0.01. Dundee Precious Metals had a net margin of 38.84% and a return on equity of 19.41%. As a group, sell-side analysts anticipate that Dundee Precious Metals will post 1.52 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, TD Securities raised shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th.

About Dundee Precious Metals

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.