FY2025 EPS Estimates for TSE:DPM Increased by Analyst

Key Points

• Analysts at National Bank Financial have revised their FY2025 earnings per share estimate for Dundee Precious Metals from $2.93 to $2.96, reflecting a positive outlook for the mining company.
• Several brokerages, including CIBC and Canaccord Genuity Group, have upgraded their price targets for Dundee Precious Metals' shares to C$25.00, indicating growing investor confidence.
• Dundee Precious Metals has declared a quarterly dividend of $0.04, translating to an annual yield of 0.7%, with payment scheduled for October 15th.

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Research analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of Dundee Precious Metals in a research report issued on Tuesday, August 5th. National Bank Financial analyst D. Demarco now anticipates that the mining company will post earnings of $2.96 per share for the year, up from their previous estimate of $2.93. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share. National Bank Financial also issued estimates for Dundee Precious Metals' FY2026 earnings at $1.90 EPS.

A number of other equities analysts have also recently issued reports on the stock. Scotiabank increased their price objective on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a research note 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 company a "buy" rating in a report on Tuesday, June 17th. Stifel Nicolaus lifted their price objective on shares of Dundee Precious Metals from C$19.50 to C$23.75 in a research report on Monday, April 21st. TD Securities boosted their target price on shares of Dundee Precious Metals from C$23.00 to C$25.00 and gave the company a "buy" rating in a research report on Monday, June 16th. Finally, CIBC increased their price objective on shares of Dundee Precious Metals from C$23.00 to C$25.00 in a research note on Monday, June 16th.

Dundee Precious Metals Stock Down 1.4%

Shares of DPM stock traded down C$0.34 during trading hours on Thursday, reaching C$23.74. 166,910 shares of the stock traded hands, compared to its average volume of 646,303. The business has a fifty day moving average price of C$22.12 and a 200 day moving average price of C$19.41. Dundee Precious Metals has a 1-year low of C$12.30 and a 1-year high of C$24.65. The firm has a market capitalization of C$2.93 billion, a PE ratio of 14.95, a PEG ratio of 0.04 and a beta of 1.20.

Dundee Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. Dundee Precious Metals's dividend payout ratio (DPR) is presently 13.86%.

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.