Dundee Precious Metals (TSE:DPM – Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$0.27 per share for the quarter.
Dundee Precious Metals (TSE:DPM – Get Free Report) last released its earnings results on Wednesday, February 14th. The mining company reported C$0.38 earnings per share for the quarter, missing the consensus estimate of C$0.48 by C($0.10). Dundee Precious Metals had a net margin of 37.10% and a return on equity of 17.22%. The firm had revenue of C$189.66 million during the quarter.
Dundee Precious Metals Price Performance
TSE:DPM opened at C$10.85 on Tuesday. Dundee Precious Metals has a 1-year low of C$7.79 and a 1-year high of C$10.94. The company has a current ratio of 6.70, a quick ratio of 6.61 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of C$10.04 and a 200 day simple moving average of C$9.32. The stock has a market capitalization of C$1.97 billion, a PE ratio of 8.16, a P/E/G ratio of 0.04 and a beta of 1.20.
Dundee Precious Metals Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were given a dividend of $0.054 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.22 dividend on an annualized basis and a yield of 1.99%. Dundee Precious Metals’s dividend payout ratio (DPR) is 16.54%.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Canaccord Genuity Group lifted their price objective on shares of Dundee Precious Metals from C$13.00 to C$13.25 in a research report on Tuesday, April 23rd. Stifel Nicolaus lifted their price objective on shares of Dundee Precious Metals from C$13.00 to C$14.50 in a research report on Friday, April 19th. Scotiabank reduced their price objective on shares of Dundee Precious Metals from C$13.50 to C$13.25 in a research report on Thursday, February 15th. CIBC lifted their price objective on shares of Dundee Precious Metals from C$11.50 to C$13.00 in a research report on Monday, April 15th. Finally, National Bankshares reduced their price objective on shares of Dundee Precious Metals from C$14.00 to C$13.50 in a research report on Friday, April 19th.
View Our Latest Stock Report on DPM
Insider Activity
In other news, Director Anthony P. Walsh sold 7,200 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of C$10.05, for a total value of C$72,360.00. Following the completion of the sale, the director now owns 550 shares of the company’s stock, valued at C$5,527.50. In other news, Director Anthony P. Walsh sold 7,200 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of C$10.05, for a total value of C$72,360.00. Following the completion of the sale, the director now owns 550 shares of the company’s stock, valued at C$5,527.50. Also, Director Robert Peter Charles Gillin sold 8,620 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$9.90, for a total transaction of C$85,338.00. Over the last 90 days, insiders sold 79,790 shares of company stock valued at $798,029. 0.11% of the stock is owned by company insiders.
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.
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