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Dundee Precious Metals Inc T.DPM

Alternate Symbol(s):  DPMLF

Dundee Precious Metals Inc. is an international gold mining company. The Company assets includes Chelopech Mine, Ada Tepe Mine, Coka Rakita, Loma Larga, Tierras Coloradas and Timok. The Chelopech Mine is an underground copper-gold mine located in Bulgaria, approximately 75 kilometers east of the capital city of Sofia. The Ada Tepe Mine is a high-grade, open-pit gold mine located three kilometers south of the municipality of Krumovgrad in southern Bulgaria. The Coka Rakita prospect is located three kilometers southeast of its Timok gold project and is 100% owned by the Company. The Loma Larga is an underground development project. The Tierras Coloradas concessions consist of four exploration licenses totaling 6,955 hectares (70 square kilometer), located in the province of Loja in southern Ecuador, near the border of Peru. The Timok gold project is a sediment-hosted gold deposit located in the central-eastern region of the Republic of Serbia.


TSX:DPM - Post by User

Post by kojack1on Apr 17, 2023 10:23am
140 Views
Post# 35398235

Share buyback

Share buybackFrom latest news release, company doing good and........."In February 2023, DPM announced that its Board of Directors had approved an enhanced share buyback program for the purchase of up to US$100 million of the Company’s common shares over a period of twelve months under its NCIB, subject to certain internal parameters. During the first quarter, DPM repurchased approximately 1,290,000 common shares at an average price of US$6.45 (Cdn$8.82) per share for a total of approximately US$8.3 million.

As previously announced in February 2023, DPM will pay a quarterly dividend of US$0.04 per share on April 17, 2023, to shareholders of record on March 31, 2023."


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