Q3 Earnings Forecast for TSE:DPM Issued By Stifel Canada

Dundee Precious Metals Inc. (TSE:DPM) – Research analysts at Stifel Canada issued their Q3 2024 EPS estimates for shares of Dundee Precious Metals in a research note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico anticipates that the mining company will earn $0.40 per share for the quarter. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share. Stifel Canada also issued estimates for Dundee Precious Metals’ FY2025 earnings at $2.15 EPS and FY2026 earnings at $1.45 EPS.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.43 by C$0.10. Dundee Precious Metals had a net margin of 35.57% and a return on equity of 17.52%. The firm had revenue of C$214.59 million during the quarter.

Several other research firms have also recently weighed in on DPM. CIBC increased their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Wednesday, July 10th. Scotiabank increased their target price on shares of Dundee Precious Metals from C$15.00 to C$16.50 in a research note on Monday, August 19th. Canaccord Genuity Group increased their target price on shares of Dundee Precious Metals from C$13.50 to C$16.00 in a research note on Tuesday, July 23rd. Royal Bank of Canada increased their target price on shares of Dundee Precious Metals from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Finally, BMO Capital Markets increased their target price on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a research note on Monday.

Dundee Precious Metals Trading Down 1.1 %

DPM opened at C$14.12 on Thursday. Dundee Precious Metals has a twelve month low of C$7.79 and a twelve month high of C$14.81. The company has a quick ratio of 6.61, a current ratio of 7.09 and a debt-to-equity ratio of 1.31. The company has a fifty day moving average of C$13.53 and a 200-day moving average of C$12.01. The stock has a market cap of C$2.54 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.

Dundee Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Friday, September 27th. Dundee Precious Metals’s payout ratio is 14.47%.

Insider Buying and Selling at Dundee Precious Metals

In other news, Director Xuefeng Chen sold 6,750 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$12.80, for a total value of C$86,400.00. In related news, Director Xuefeng Chen sold 6,750 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$12.80, for a total value of C$86,400.00. Also, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$13.86, for a total transaction of C$101,635.38. Insiders own 0.16% of the company’s stock.

About Dundee Precious Metals

Dundee Precious Metals Inc, a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals. The company primarily explores for gold, copper, and silver deposits. It holds a portfolio of projects located in Bulgaria, Namibia, Serbia, and Ecuador.