Dundee Precious Metals (OTCMKTS:DPMLF) Stock Rating Upgraded by Stifel Canada

Dundee Precious Metals (OTCMKTS:DPMLF) was upgraded by Stifel Canada to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports. Stifel Canada also issued estimates for Dundee Precious Metals’ FY2028 earnings at $2.81 EPS.

Separately, National Bankshares reiterated an “outperform” rating on shares of Dundee Precious Metals in a research report on Wednesday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Dundee Precious Metals Stock Performance

Shares of DPMLF stock opened at $19.96 on Thursday. Dundee Precious Metals has a 1 year low of $8.65 and a 1 year high of $20.07. The stock has a market cap of $3.33 billion, a PE ratio of 14.26 and a beta of 0.64. The business’s fifty day moving average is $17.28 and its 200-day moving average is $14.93.

Dundee Precious Metals (OTCMKTS:DPMLF) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.52 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.52. Dundee Precious Metals had a return on equity of 21.79% and a net margin of 37.07%.The company had revenue of $178.30 million for the quarter, compared to analysts’ expectations of $177.36 million. Equities research analysts predict that Dundee Precious Metals will post 1.52 earnings per share for the current year.

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.