Stifel Canada Issues Positive Outlook for TSE:DPM Earnings

Dundee Precious Metals Inc. (TSE:DPM) – Investment analysts at Stifel Canada increased their Q4 2024 earnings estimates for Dundee Precious Metals in a research note issued to investors on Tuesday, February 4th. Stifel Canada analyst I. Rico now expects that the mining company will post earnings of $0.65 per share for the quarter, up from their prior forecast of $0.64. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

Several other brokerages have also recently weighed in on DPM. Royal Bank of Canada lifted their price objective on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, December 6th. BMO Capital Markets boosted their price target on Dundee Precious Metals from C$15.50 to C$18.50 in a research note on Monday, October 21st. TD Securities upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a research note on Tuesday. CIBC boosted their target price on shares of Dundee Precious Metals from C$16.00 to C$17.00 in a research report on Thursday, December 19th. Finally, Scotiabank increased their price target on shares of Dundee Precious Metals from C$18.00 to C$18.50 in a research report on Wednesday, January 15th.

Dundee Precious Metals Price Performance

TSE:DPM opened at C$15.17 on Thursday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 6.61 and a current ratio of 7.09. The firm has a market cap of C$2.73 billion, a price-to-earnings ratio of 9.98, a P/E/G ratio of 0.04 and a beta of 1.20. Dundee Precious Metals has a 52 week low of C$7.79 and a 52 week high of C$15.45. The firm’s 50-day simple moving average is C$13.58 and its 200 day simple moving average is C$13.30.

Dundee Precious Metals (TSE:DPM) last issued its quarterly earnings data on Tuesday, November 5th. The mining company reported C$0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.40 by C($0.05). Dundee Precious Metals had a return on equity of 17.52% and a net margin of 35.57%.

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.