What is Scotiabank’s Estimate for TSE:DPM FY2025 Earnings?

Dundee Precious Metals Inc. (TSE:DPM) – Investment analysts at Scotiabank increased their FY2025 earnings estimates for shares of Dundee Precious Metals in a research report issued to clients and investors on Sunday, April 13th. Scotiabank analyst E. Winmill now expects that the mining company will post earnings of $1.60 per share for the year, up from their previous estimate of $1.59. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

A number of other analysts also recently issued reports on the stock. Royal Bank of Canada raised their price target on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a report on Friday, April 4th. Jefferies Financial Group raised their target price on Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. TD Securities upgraded Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, CIBC increased their price target on Dundee Precious Metals from C$17.00 to C$18.00 in a report on Friday, February 14th.

Dundee Precious Metals Price Performance

Shares of DPM stock opened at C$19.32 on Wednesday. The company has a market capitalization of C$2.39 billion, a PE ratio of 12.17, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20. The firm’s 50-day moving average is C$17.64 and its two-hundred day moving average is C$15.01. Dundee Precious Metals has a 12 month low of C$10.21 and a 12 month high of C$19.43.

Insider Activity at Dundee Precious Metals

In other news, Director Nikolay Hristov sold 3,833 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of C$17.60, for a total transaction of C$67,460.80. Also, Director Marie-Anne Tawil sold 10,000 shares of Dundee Precious Metals stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of C$19.08, for a total transaction of C$190,800.00. In the last quarter, insiders sold 42,583 shares of company stock worth $780,496. 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.