Dundee Precious Metals Inc. (TSE:DPM – Free Report) – Equities research analysts at National Bank Financial lifted their FY2023 EPS estimates for shares of Dundee Precious Metals in a report issued on Monday, February 5th. National Bank Financial analyst D. Demarco now expects that the mining company will post earnings per share of $1.44 for the year, up from their prior forecast of $1.42. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.10 per share. National Bank Financial also issued estimates for Dundee Precious Metals’ Q4 2023 earnings at $0.47 EPS and FY2024 earnings at $1.50 EPS.
Dundee Precious Metals (TSE:DPM – Get Free Report) last issued its quarterly earnings data on Tuesday, November 7th. The mining company reported C$0.20 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.26 by C($0.06). Dundee Precious Metals had a return on equity of 16.72% and a net margin of 27.61%. The business had revenue of C$181.12 million for the quarter.
Other analysts have also recently issued reports about the stock. BMO Capital Markets lifted their target price on shares of Dundee Precious Metals from C$14.00 to C$15.00 in a research note on Wednesday, December 13th. Canaccord Genuity Group boosted their price objective on shares of Dundee Precious Metals from C$10.50 to C$12.50 in a research note on Thursday, November 30th. Royal Bank of Canada lowered their price objective on shares of Dundee Precious Metals from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research note on Wednesday, December 20th. National Bankshares boosted their price objective on shares of Dundee Precious Metals from C$14.00 to C$14.50 and gave the company an “outperform” rating in a research note on Friday, November 17th. Finally, Stifel Nicolaus boosted their price objective on shares of Dundee Precious Metals from C$12.25 to C$13.00 and gave the company a “buy” rating in a research note on Tuesday, December 12th.
Check Out Our Latest Research Report on DPM
Dundee Precious Metals Trading Up 0.6 %
Shares of DPM opened at C$8.35 on Wednesday. The stock has a market cap of C$1.51 billion, a price-to-earnings ratio of 6.90, a price-to-earnings-growth ratio of 0.04 and a beta of 1.25. The company has a debt-to-equity ratio of 1.29, a current ratio of 7.27 and a quick ratio of 6.61. Dundee Precious Metals has a 1-year low of C$7.80 and a 1-year high of C$10.78. The firm has a 50 day simple moving average of C$8.87 and a 200-day simple moving average of C$8.83.
Insider Activity at Dundee Precious Metals
In other Dundee Precious Metals news, Director Zebra Karirondua Kasete sold 15,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of C$9.70, for a total value of C$145,500.00. Company insiders own 0.10% of the company’s stock.
Dundee Precious Metals Company Profile
Dundee Precious Metals Inc, a gold mining company, engages in the acquisition of mineral properties; and exploration, development, mining, and processing of precious metals. It owns and operates a gold, copper, and silver mine located east of Sofia, Bulgaria; a gold mine located in south eastern Bulgaria, near the town of Krumovgrad; and a custom smelter located in Tsumeb, Namibia.
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