Stifel Canada Forecasts OTCMKTS:DPMLF FY2024 Earnings

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Research analysts at Stifel Canada reduced their FY2024 earnings per share estimates for Dundee Precious Metals in a report released on Tuesday, February 4th. Stifel Canada analyst I. Rico now anticipates that the company will post earnings of $1.28 per share for the year, down from their prior forecast of $1.32. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.18 per share. Stifel Canada also issued estimates for Dundee Precious Metals’ Q4 2024 earnings at $0.45 EPS and FY2025 earnings at $1.50 EPS.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.03). The company had revenue of $147.26 million during the quarter. Dundee Precious Metals had a net margin of 35.59% and a return on equity of 16.96%.

Separately, TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday.

Dundee Precious Metals Stock Performance

OTCMKTS:DPMLF opened at $10.71 on Thursday. Dundee Precious Metals has a fifty-two week low of $5.78 and a fifty-two week high of $10.78. The company has a 50 day moving average price of $9.50 and a 200 day moving average price of $9.55. The stock has a market capitalization of $1.89 billion, a P/E ratio of 9.65 and a beta of 0.66.

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.