Q3 Earnings Estimate for TSE:DPM Issued By Stifel Canada

Dundee Precious Metals Inc. (TSE:DPM) – Investment analysts at Stifel Canada issued their Q3 2024 earnings estimates for shares of Dundee Precious Metals in a research report issued on Monday, October 21st. Stifel Canada analyst I. Rico anticipates that the mining company will post earnings per share of $0.40 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.

Other research analysts have also recently issued reports about the stock. Royal Bank of Canada increased their price target on shares of Dundee Precious Metals from C$16.00 to C$17.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. CIBC increased their price target on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a report on Wednesday, July 10th. Scotiabank increased their price target on shares of Dundee Precious Metals from C$15.00 to C$16.50 in a report on Monday, August 19th. BMO Capital Markets raised their target price on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a report on Monday, October 21st. Finally, Jefferies Financial Group raised their target price on shares of Dundee Precious Metals from C$16.00 to C$18.00 in a report on Friday, October 4th.

Dundee Precious Metals Stock Down 1.6 %

Dundee Precious Metals stock opened at C$13.89 on Thursday. The stock has a market cap of C$2.50 billion, a P/E ratio of 9.14, a P/E/G ratio of 0.04 and a beta of 1.20. The company has a quick ratio of 6.61, a current ratio of 7.09 and a debt-to-equity ratio of 1.31. Dundee Precious Metals has a twelve month low of C$7.79 and a twelve month high of C$14.81. The company’s 50-day moving average price is C$13.54 and its two-hundred day moving average price is C$12.04.

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

Dundee Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were given a dividend of $0.055 per share. The ex-dividend date was Friday, September 27th. This represents a $0.22 annualized dividend and a dividend yield of 1.58%. Dundee Precious Metals’s dividend payout ratio is 14.47%.

Insider Buying and Selling

In related news, Director Xuefeng Chen sold 6,750 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were 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 stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of C$13.86, for a total transaction 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 transaction of C$86,400.00. 0.16% of the stock is currently owned by company insiders.

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.