TSE:DPM FY2024 EPS Estimate Cut by National Bank Financial

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Stock analysts at National Bank Financial decreased their FY2024 earnings estimates for shares of 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 post earnings of $1.74 per share for the year, down from their prior estimate of $1.75. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share.

DPM has been the subject of a number of other research reports. Scotiabank lifted their target price on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research report on Wednesday, January 15th. Royal Bank of Canada lifted their target price 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 target price on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a research report on Monday, October 21st. CIBC lifted their target price on shares of Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday. Finally, TD Securities raised shares of Dundee Precious Metals to a "strong-buy" rating in a research report on Tuesday, February 4th.

Dundee Precious Metals Trading Up 1.3 %

TSE:DPM traded up C$0.21 during trading hours on Wednesday, reaching C$15.98. The company had a trading volume of 828,639 shares, compared to its average volume of 482,465. Dundee Precious Metals has a 52 week low of C$8.03 and a 52 week high of C$16.84. The firm has a market cap of C$1.97 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 0.04 and a beta of 1.20. The firm's 50 day moving average price is C$13.93 and its 200-day moving average price is C$13.47.

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.