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Dundee Precious Metals (OTCMKTS:DPMLF) Stock Price Up 1.4% - Here's What Happened


Dundee Precious Metals (OTCMKTS:DPMLF) Stock Price Up 1.4%  - Here's What Happened

Dundee Precious Metals Inc. (OTCMKTS:DPMLF - Get Free Report)'s share price traded up 1.4% on Monday . The company traded as high as $9.43 and last traded at $9.20. 16,814 shares traded hands during trading, a decline of 30% from the average session volume of 23,920 shares. The stock had previously closed at $9.07.

The stock's fifty day simple moving average is $9.72 and its 200-day simple moving average is $9.15. The company has a market capitalization of $1.64 billion, a P/E ratio of 8.29 and a beta of 0.64.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Tuesday, December 31st. Dundee Precious Metals's dividend payout ratio (DPR) is currently 14.41%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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