Scotiabank Issues Pessimistic Forecast for TSE:DPM Earnings

Key Points

• Scotiabank lowered its FY2026 earnings forecast for Dundee Precious Metals to C$4.75 per share from C$4.88, while projecting FY2027 earnings of C$5.67 per share.
• Dundee reported C$1.35 in quarterly EPS on C$513.67 million in revenue, with a 24.39% return on equity and a 51.68% net margin.
• The stock opened at C$53.16 and was reported down 5.1%; insiders sold 6,408 shares during the last quarter, while insiders retain only 0.16% ownership.

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Analysts at Scotiabank cut their FY2026 earnings estimates for Dundee Precious Metals in a note issued to investors on Thursday, October 22nd. Scotiabank analyst E. Winmill now expects that the mining company will post earnings of $4.75 per share for the year, down from their previous forecast of $4.88. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share. Scotiabank also issued estimates for Dundee Precious Metals' FY2027 earnings at $5.67 EPS.

Dundee Precious Metals (TSE:DPM - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The mining company reported C$1.35 earnings per share for the quarter. The company had revenue of C$513.67 million for the quarter. Dundee Precious Metals had a return on equity of 24.39% and a net margin of 51.68%.

Dundee Precious Metals Stock Down 5.1%

DPM opened at C$53.16 on Tuesday. The firm has a market cap of C$11.66 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 0.04 and a beta of 1.44. Dundee Precious Metals has a 52 week low of C$29.12 and a 52 week high of C$72.54. The business's 50 day moving average is C$60.86 and its two-hundred day moving average is C$52.36.

Insider Buying and Selling at Dundee Precious Metals

In related news, Director Juanita Montalvo sold 2,277 shares of the stock in a transaction dated Monday, September 28th. The shares were sold at an average price of C$61.43, for a total transaction of C$139,876.11. Following the completion of the transaction, the director directly owned 13,694 shares of the company's stock, valued at C$841,222.42. This represents a 14.26% decrease in their ownership of the stock. In the last quarter, insiders sold 6,408 shares of company stock valued at $335,104. Company insiders own 0.16% of the company's stock.

Dundee Precious Metals Company Profile

DPM Metals Inc is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Bosnia and Herzegovina, Serbia and Ecuador. The Company's purpose is to unlock resources and generate value to thrive and grow together. Our strategic objective is to become a mid-tier precious metals company, which is based on sustainable, responsible and efficient gold production from our portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions.

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