Dundee Precious Metals Inc. (TSE:DPM – Free Report) – Research analysts at Stifel Canada increased their FY2024 earnings estimates for 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 mining company will post earnings of $1.88 per share for the year, up from their prior estimate of $1.75. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.
Dundee Precious Metals (TSE:DPM – Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.53 EPS for the quarter, topping the consensus estimate of C$0.43 by C$0.10. Dundee Precious Metals had a net margin of 35.57% and a return on equity of 17.52%. The company had revenue of C$214.59 million during the quarter.
Read Our Latest Stock Analysis on DPM
Dundee Precious Metals Trading Down 1.1 %
TSE DPM opened at C$14.12 on Wednesday. The company has a quick ratio of 6.61, a current ratio of 7.09 and a debt-to-equity ratio of 1.31. Dundee Precious Metals has a 52 week low of C$7.79 and a 52 week high of C$14.81. The stock has a market capitalization of C$2.54 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The firm has a 50 day moving average of C$13.53 and a two-hundred day moving average of C$12.01.
Dundee Precious Metals Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Friday, September 27th. Dundee Precious Metals’s dividend payout ratio (DPR) is presently 14.47%.
Insider Transactions at Dundee Precious Metals
In other news, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of C$13.86, for a total value of C$101,635.38. In other news, Director Xuefeng Chen sold 6,750 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$12.80, for a total value of C$86,400.00. Also, Senior Officer Kelly Elizabeth Stark-Anderson sold 7,333 shares of the stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$13.86, for a total transaction of C$101,635.38. Company insiders own 0.16% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Dundee Precious Metals
- Top Biotech Stocks: Exploring Innovation Opportunities
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Where to Find Earnings Call Transcripts
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Dundee Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dundee Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.