Dundee Precious Metals (DPMLF) Projected to Post Quarterly Earnings on Thursday

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) is projected to announce its earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.53 per share and revenue of $177.36 million for the quarter.

Dundee Precious Metals (OTCMKTS:DPMLF - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. Dundee Precious Metals had a return on equity of 20.64% and a net margin of 35.64%. The firm had revenue of $144.15 million during the quarter, compared to analyst estimates of $148.87 million. On average, analysts expect Dundee Precious Metals to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dundee Precious Metals Price Performance

DPMLF traded down $0.25 on Thursday, hitting $17.08. The company had a trading volume of 15,442 shares, compared to its average volume of 98,448. The company's fifty day moving average price is $15.69 and its 200 day moving average price is $13.30. Dundee Precious Metals has a 1-year low of $8.00 and a 1-year high of $17.43. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 13.67 and a beta of 0.59.

Dundee Precious Metals Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a dividend yield of 1.04%. Dundee Precious Metals's dividend payout ratio (DPR) is presently 12.80%.

Wall Street Analyst Weigh In

Separately, National Bankshares restated an "outperform" rating on shares of Dundee Precious Metals in a research report on Wednesday, July 16th.

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.