Dundee Precious Metals Inc. (DPM:CA) Rises 5.43% for October 08

Equities Staff  |

October 08 was a positive day for Dundee Precious Metals Inc. (DPM:CA) as its stock finished the day having gained 5.43% to hit a price of $4.66 a share. The company reached a market cap of 835.26 million and has 179.24 million shares outstanding. Dundee Precious Metals Inc. is a component of the the S&P/TSX SmallCap Index.

274,937 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Dundee Precious Metals Inc..

Dundee Precious Metals Inc is a Canadian based, international gold mining company. It is primarily engaged in acquisition, exploration, development, mining, and processing of precious metals. The company organized into two main business areas: Chelopech in Bulgaria, and Tsumeb in Namibia. Its largest end market by revenue is Europe. The firm's current operations are in Namibia and Bulgaria, with exploration in Armenia, Bulgaria, and Serbia.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Richard Allen Howes.

Dundee Precious Metals Inc. has hit a high of $5.75 and reached a low of $3.07 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.97.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Dundee Precious Metals Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: DPM:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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