Scotiabank Has Positive Outlook of TSE:DPM FY2025 Earnings

Dundee Precious Metals Inc. (TSE:DPM) – Equities researchers at Scotiabank raised their FY2025 EPS estimates for shares of Dundee Precious Metals in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst E. Winmill now anticipates that the mining company will post earnings of $3.06 per share for the year, up from their previous estimate of $2.97. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

Other equities research analysts have also issued research reports about the stock. Stifel Nicolaus boosted their price target on shares of Dundee Precious Metals from C$19.50 to C$23.75 in a report on Monday, April 21st. Jefferies Financial Group lifted their price objective on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a research report on Friday, April 4th. TD Securities lifted their price objective on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a “buy” rating in a research report on Monday, June 16th. Canaccord Genuity Group lifted their price objective on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a “buy” rating in a research report on Tuesday, June 17th. Finally, CIBC lifted their price objective on shares of Dundee Precious Metals from C$23.00 to C$25.00 in a research report on Monday, June 16th.

Dundee Precious Metals Stock Performance

TSE:DPM opened at C$22.36 on Friday. Dundee Precious Metals has a one year low of C$11.22 and a one year high of C$22.89. The firm has a market cap of C$2.76 billion, a P/E ratio of 14.09, a P/E/G ratio of 0.04 and a beta of 1.20. The firm has a 50-day simple moving average of C$21.11 and a 200-day simple moving average of C$18.34.

Dundee Precious Metals Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend was Monday, June 30th. Dundee Precious Metals’s dividend payout ratio is presently 13.86%.

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.