OTCMKTS:DPMLF FY2024 EPS Estimate Lifted by Stifel Canada

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Stifel Canada lifted their FY2024 earnings per share estimates for Dundee Precious Metals in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now anticipates that the company will post earnings per share of $1.36 for the year, up from their prior estimate of $1.28.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter. Dundee Precious Metals had a return on equity of 15.87% and a net margin of 34.73%. The firm had revenue of $156.84 million for the quarter.

Dundee Precious Metals Trading Down 1.2 %

Shares of DPMLF opened at $10.17 on Wednesday. Dundee Precious Metals has a 1 year low of $5.78 and a 1 year high of $10.75. The stock has a market cap of $1.84 billion, a P/E ratio of 9.80 and a beta of 0.69. The stock’s 50-day moving average price is $9.93 and its two-hundred day moving average price is $8.78.

Dundee Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Friday, September 27th. Dundee Precious Metals’s dividend payout ratio (DPR) is currently 15.24%.

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.