Dundee Precious Metals Inc (TSE:DPM) reached a new 52-week high on Wednesday . The company traded as high as C$3.85 and last traded at C$3.80, with a volume of 144350 shares. The stock had previously closed at C$3.77.
A number of research firms have recently weighed in on DPM. CIBC upgraded Dundee Precious Metals from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from C$4.00 to C$6.00 in a research report on Thursday. Beacon Securities restated a “buy” rating on shares of Dundee Precious Metals in a research report on Monday, December 17th. Finally, Royal Bank of Canada boosted their target price on Dundee Precious Metals from C$4.50 to C$5.00 in a research report on Thursday, December 13th.
The company has a debt-to-equity ratio of 6.07, a current ratio of 1.50 and a quick ratio of 1.07.
Dundee Precious Metals Company Profile (TSE:DPM)
Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company's principal operating assets include the Chelopech, which owns and operates gold, copper, and silver mine located in east of Sofia, Bulgaria; and Tsumeb, which owns and operates custom smelter located in Tsumeb, Namibia.
Featured Story: How Do You Calculate Return on Investment (ROI)?
Receive News & Ratings for Dundee Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.