Analysts Issue Forecasts for OTCMKTS:DPMLF FY2024 Earnings

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Stock analysts at Stifel Canada upped their FY2024 earnings estimates for shares of Dundee Precious Metals in a research report issued to clients and investors on Monday, October 21st. Stifel Canada analyst I. Rico now anticipates that the company will earn $1.36 per share for the year, up from their previous estimate of $1.28.

Dundee Precious Metals Stock Performance

OTCMKTS DPMLF opened at $10.29 on Wednesday. The stock has a 50-day simple moving average of $9.93 and a 200 day simple moving average of $8.78. Dundee Precious Metals has a twelve month low of $5.78 and a twelve month high of $10.75. The stock has a market capitalization of $1.87 billion, a PE ratio of 9.80 and a beta of 0.69.

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

Dundee Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.56%. Dundee Precious Metals’s dividend payout ratio (DPR) is presently 15.24%.

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.