Q3 Earnings Estimate for TSE:DPM Issued By Stifel Canada

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Equities research analysts at Stifel Canada issued their Q3 2024 earnings per share estimates for Dundee Precious Metals in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico forecasts that the mining company will earn $0.40 per share for the quarter. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share. Stifel Canada also issued estimates for Dundee Precious Metals' FY2025 earnings at $2.15 EPS and FY2026 earnings at $1.45 EPS.

Dundee Precious Metals (TSE:DPM - Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.53 EPS for the quarter, beating the consensus estimate of C$0.43 by C$0.10. The company had revenue of C$214.59 million during the quarter. Dundee Precious Metals had a return on equity of 17.52% and a net margin of 35.57%.

A number of other brokerages have also recently issued reports on DPM. BMO Capital Markets upped their target price on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a report on Monday. Canaccord Genuity Group raised their price objective on Dundee Precious Metals from C$13.50 to C$16.00 in a research report on Tuesday, July 23rd. CIBC boosted their target price on Dundee Precious Metals from C$13.00 to C$14.50 in a report on Wednesday, July 10th. Scotiabank raised their price target on Dundee Precious Metals from C$15.00 to C$16.50 in a report on Monday, August 19th. Finally, Jefferies Financial Group lifted their price objective on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a research report on Friday, October 4th.

Dundee Precious Metals Stock Performance

DPM stock traded down C$0.16 during trading hours on Thursday, reaching C$14.12. The stock had a trading volume of 606,930 shares, compared to its average volume of 491,232. The stock has a 50-day simple moving average of C$13.53 and a 200 day simple moving average of C$12.01. Dundee Precious Metals has a fifty-two week low of C$7.79 and a fifty-two week high of C$14.81. The stock has a market capitalization of C$2.54 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.09 and a quick ratio of 6.61.

Dundee Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date was Friday, September 27th. Dundee Precious Metals's dividend payout ratio is 14.47%.

Insider Buying and Selling at Dundee Precious Metals

In other news, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction on Thursday, August 15th. The stock was sold at an average price of C$12.80, for a total transaction of C$86,400.00. In related news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the business's stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of C$13.86, for a total value of C$101,635.38. Also, Director Xuefeng Chen sold 6,750 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$12.80, for a total value of C$86,400.00. Insiders own 0.16% of the company's stock.

Dundee Precious Metals Company Profile

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.