Dundee Precious Metals Stock Today
| DPM Stock | CAD 10.57 0.17 1.63% |
Performance13 of 100
| Odds Of DistressLess than 3
|
Dundee Precious is selling at 10.57 as of the 24th of April 2024; that is 1.63 percent increase since the beginning of the trading day. The stock's open price was 10.4. Dundee Precious has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Dundee Precious Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. The company was founded in 1983 and is headquartered in Toronto, Canada. DUNDEE PRECIOUS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 181.42 M outstanding shares of which 1.75 M shares are currently shorted by private and institutional investors with about 2.96 days to cover all short positions. More on Dundee Precious Metals
Moving together with Dundee Stock
| 0.86 | OSI | Osino Resources Corp | PairCorr |
Moving against Dundee Stock
| 0.62 | DFR | Diamond Fields Resources | PairCorr |
| 0.42 | DYA | DynaCERT | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Dundee Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dundee Precious' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dundee Precious or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Richard Howes | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Dundee Precious' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dundee Precious' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dundee Precious' financial leverage. It provides some insight into what part of Dundee Precious' total assets is financed by creditors.
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Dundee Precious Metals (DPM) is traded on Toronto Exchange in Canada and employs 37 people. Dundee Precious is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dundee Precious's market, we take the total number of its shares issued and multiply it by Dundee Precious's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Dundee Precious Metals operates under Metals & Mining sector and is part of Materials industry. The entity has 181.42 M outstanding shares of which 1.75 M shares are currently shorted by private and institutional investors with about 2.96 days to cover all short positions.
Dundee Precious Metals has accumulated about 433.18 M in cash with 275.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.42.
Check Dundee Precious Probability Of Bankruptcy
Ownership AllocationDundee Precious holds a total of 181.42 Million outstanding shares. Over half of Dundee Precious' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Dundee Precious. Please watch out for any change in the institutional holdings of Dundee Precious Metals as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Dundee Ownership Details
Dundee Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Dundee Precious jumping above the current price in 90 days from now is about 9.93%. The Dundee Precious Metals probability density function shows the probability of Dundee Precious stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Dundee Precious has a beta of 0.7785 suggesting as returns on the market go up, Dundee Precious average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dundee Precious Metals will be expected to be much smaller as well. Additionally, dundee Precious Metals has an alpha of 0.298, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dundee Precious to move above the current price in 90 days from now is about 9.93 (This Dundee Precious Metals probability density function shows the probability of Dundee Stock to fall within a particular range of prices over 90 days) .
Dundee Precious Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dundee Precious market risk premium is the additional return an investor will receive from holding Dundee Precious long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dundee Precious. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Dundee Precious' alpha and beta are two of the key measurements used to evaluate Dundee Precious' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.59 | |||
| Semi Deviation | 1.44 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 |
Dundee Stock Against Markets
Picking the right benchmark for Dundee Precious stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dundee Precious stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dundee Precious is critical whether you are bullish or bearish towards Dundee Precious Metals at a given time. Please also check how Dundee Precious' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Dundee Precious without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Dundee Precious Corporate Directors
Dundee Precious corporate directors refer to members of a Dundee Precious board of directors. The board of directors generally takes responsibility for the Dundee Precious' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dundee Precious' board members must vote for the resolution. The Dundee Precious board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Peter Nixon | Independent Director | Profile | |
| Garth MacRae | Independent Director | Profile | |
| Donald Young | Independent Director | Profile | |
| Jeremy Kinsman | Independent Director | Profile |
How to buy Dundee Stock?
Before investing in Dundee Precious, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dundee Precious. To buy Dundee Precious stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dundee Precious. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dundee Precious stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dundee Precious Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dundee Precious Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dundee Precious Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dundee Precious Metals?
The danger of trading Dundee Precious Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dundee Precious is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dundee Precious. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dundee Precious Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Dundee Stock analysis
When running Dundee Precious' price analysis, check to measure Dundee Precious' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dundee Precious is operating at the current time. Most of Dundee Precious' value examination focuses on studying past and present price action to predict the probability of Dundee Precious' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dundee Precious' price. Additionally, you may evaluate how the addition of Dundee Precious to your portfolios can decrease your overall portfolio volatility.
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