Q4 EPS Forecast for Dundee Precious Metals Cut by Analyst

Dundee Precious Metals Inc. (TSE:DPM) – Investment analysts at National Bank Financial reduced their Q4 2024 earnings estimates for Dundee Precious Metals in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst D. Demarco now forecasts that the mining company will earn $0.57 per share for the quarter, down from their previous forecast of $0.61. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share. National Bank Financial also issued estimates for Dundee Precious Metals’ FY2025 earnings at $1.94 EPS.

Several other research analysts have also issued reports on the stock. Scotiabank increased their target price on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research note on Wednesday, January 15th. TD Securities raised shares of Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday, February 4th. BMO Capital Markets raised their price objective on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a research note on Monday, October 21st. CIBC raised their price objective on shares of Dundee Precious Metals from C$16.00 to C$17.00 in a research note on Thursday, December 19th. Finally, Royal Bank of Canada raised their price objective on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research note on Friday, December 6th.

Dundee Precious Metals Stock Down 0.6 %

Shares of TSE DPM opened at C$15.77 on Thursday. The firm has a market cap of C$1.95 billion, a PE ratio of 9.93, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals has a 12-month low of C$7.79 and a 12-month high of C$16.22. The company’s fifty day simple moving average is C$13.88 and its 200 day simple moving average is C$13.45.

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.