In a new note to investors on April 18, an analyst has provided a rating update for the Materials sector company, Dundee Precious Mtl (DPM). Analyst Mark Mihaljevic from RBC Capital reiterated a Buy rating, with a C$5.50 price target on April 18.
According to TipRanks.com, Mihaljevic ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -14.0% and a 24.5% success rate. Mihaljevic covers the Basic Materials sector, focusing on stocks such as SilverCrest Metals Inc, Guyana Goldfields Inc, and Hecla Mining Company.
Currently, the analyst consensus on Dundee Precious Mtl is a Moderate Buy with an average price target of C$6.
The company has a one-year high of C$4.89 and a one-year low of C$2.56. Currently, Dundee Precious Mtl has an average volume of 312K.
Dundee Precious Metals, Inc. is an international gold mining company, which engages in the acquisition of mineral properties, exploration, development, and processing of metals. It operates through the following segments: Chelopech, Tsumeb, and Corporate & Other. The Chelopech segment covers gold production.
The company’s shares closed on Thursday at C$4.08.
