Scotiabank Estimates OTCMKTS:DPMLF FY2024 Earnings

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Analysts at Scotiabank reduced their FY2024 earnings per share estimates for Dundee Precious Metals in a report released on Wednesday, January 8th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings of $0.88 per share for the year, down from their prior estimate of $1.26. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.28 per share. Scotiabank also issued estimates for Dundee Precious Metals’ FY2026 earnings at $0.78 EPS.

Dundee Precious Metals Stock Performance

Shares of DPMLF stock opened at $9.57 on Monday. Dundee Precious Metals has a one year low of $5.78 and a one year high of $10.75. The firm’s 50 day moving average price is $9.27 and its 200-day moving average price is $9.37. The firm has a market cap of $1.71 billion, a P/E ratio of 8.62 and a beta of 0.64.

Dundee Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Tuesday, December 31st. Dundee Precious Metals’s dividend payout ratio is presently 14.41%.

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.