Scotiabank Brokers Increase Earnings Estimates for TSE:DPM

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Investment analysts at Scotiabank boosted their FY2025 earnings per share (EPS) estimates for Dundee Precious Metals in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst E. Winmill now anticipates that the mining company will post earnings per share of $1.59 for the year, up from their prior estimate of $1.53. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share.

Several other equities research analysts also recently issued reports on the stock. Royal Bank of Canada boosted 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. TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a research report on Tuesday, February 4th. Finally, CIBC raised their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th.

Dundee Precious Metals Stock Performance

Shares of TSE:DPM traded up C$0.39 during trading on Monday, reaching C$18.83. 192,251 shares of the stock were exchanged, compared to its average volume of 609,747. The firm's 50-day moving average price is C$16.15 and its 200 day moving average price is C$14.38. The firm has a market cap of C$2.33 billion, a price-to-earnings ratio of 11.86, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. Dundee Precious Metals has a 12-month low of C$9.84 and a 12-month high of C$18.96.

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Insider Activity

In other Dundee Precious Metals news, Director Nikolay Hristov sold 3,833 shares of Dundee Precious Metals stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of C$17.60, for a total transaction of C$67,460.80. Also, Director Xuefeng Chen sold 6,750 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00. Over the last three months, insiders sold 22,583 shares of company stock worth $404,496. 0.16% of the stock is currently owned by company insiders.

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.