Dundee Precious Metals Inc. (DPM:CA) Declines 8.24% for January 11

Equities Staff  |

It was a tough day for Dundee Precious Metals Inc. (DPM:CA) as its stock fell 8.24% to finish the day at $3.45 a share on January 11. That reduces the company’s market cap to 615.87 million on 178.51 million outstanding shares. Dundee Precious Metals Inc. is a component of the the S&P/TSX SmallCap Index.

977,680 shares exchanged hands over the course of the day as compared with an average daily volume of 327,689 over the last 30 days.

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 three main business areas: Chelopech in Bulgaria, Kapan in Armenia and Tsumeb in Namibia. The company's largest end market by revenue is Europe. The firm's current operations are in Namibia and Bulgaria, with exploration in Armenia, Bulgaria, and Serbia.. Dundee Precious Metals Inc. makes its home in Toronto, ON, and currently has CEO Richard Allen Howes at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $3.85 and a low of $2.56, and it’s currently sporting a 50-day SMA of $3.45 and a 200-day SMA of $3.24. The current P/E ratio stands at 13.7, with a P/B ratio of 0.73.

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Dundee Precious Metals Inc. ($DPM:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

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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