Dundee Precious Metals Inc. (TSE:DPM – Free Report) – Analysts at National Bank Financial cut their FY2024 earnings per share estimates for Dundee Precious Metals in a research note issued on Tuesday, November 12th. National Bank Financial analyst D. Demarco now expects that the mining company will post earnings per share of $1.75 for the year, down from their prior estimate of $1.77. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share. National Bank Financial also issued estimates for Dundee Precious Metals’ Q4 2024 earnings at $0.61 EPS and FY2025 earnings at $2.28 EPS.
Other equities analysts have also issued research reports about the stock. Scotiabank raised their price objective on shares of Dundee Precious Metals from C$15.00 to C$16.50 in a research report on Monday, August 19th. BMO Capital Markets raised their price target on shares of Dundee Precious Metals from C$15.50 to C$18.50 in a report on Monday, October 21st. Canaccord Genuity Group upped their price target on Dundee Precious Metals from C$13.50 to C$16.00 in a research note on Tuesday, July 23rd. Jefferies Financial Group boosted their target price on Dundee Precious Metals from C$16.00 to C$18.00 in a report on Friday, October 4th. Finally, Royal Bank of Canada increased their price target on 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.
Dundee Precious Metals Stock Down 0.1 %
DPM opened at C$12.46 on Thursday. The company has a market capitalization of C$2.24 billion, a PE ratio of 8.20, 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 has a fifty-two week low of C$7.79 and a fifty-two week high of C$14.81. The business has a 50-day moving average of C$13.62 and a 200-day moving average of C$12.31.
Insider Activity
In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$13.86, for a total transaction of C$101,635.38. 0.16% of the stock is owned by company insiders.
Dundee Precious Metals Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.054 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Tuesday, December 31st. Dundee Precious Metals’s dividend payout ratio (DPR) is currently 14.47%.
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.
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