Stifel Canada Issues Positive Estimate for TSE:DPM Earnings

Dundee Precious Metals Inc. (TSE:DPM) – Stifel Canada lifted their Q4 2024 earnings estimates for Dundee Precious Metals in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico now anticipates that the mining company will post earnings per share of $0.65 for the quarter, up from their prior forecast of $0.64. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

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

Dundee Precious Metals Stock Performance

DPM stock opened at C$15.33 on Thursday. 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 firm has a market cap of C$2.76 billion, a PE ratio of 10.09, a P/E/G ratio of 0.04 and a beta of 1.20. The business has a 50 day moving average of C$13.62 and a 200-day moving average of C$13.31. Dundee Precious Metals has a 12-month low of C$7.79 and a 12-month high of C$15.45.

Dundee Precious Metals (TSE:DPM) last posted its earnings results on Tuesday, November 5th. The mining company reported C$0.35 EPS for the quarter, missing the consensus estimate of C$0.40 by C($0.05). Dundee Precious Metals had a return on equity of 17.52% and a net margin of 35.57%.

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.