National Bank Financial Estimates TSE:DPM FY2025 Earnings

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) - Equities research analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for shares of Dundee Precious Metals in a note issued to investors on Tuesday, August 5th. National Bank Financial analyst D. Demarco now expects that the mining company will earn $2.96 per share for the year, up from their previous forecast 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.

DPM has been the subject of a number of other reports. CIBC increased their target price on Dundee Precious Metals from C$23.00 to C$25.00 in a report on Monday, June 16th. Canaccord Genuity Group increased their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a report on Tuesday, June 17th. TD Securities increased their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a report on Monday, June 16th. Stifel Nicolaus increased their target price on Dundee Precious Metals from C$19.50 to C$23.75 in a report on Monday, April 21st. Finally, Scotiabank increased their target price on Dundee Precious Metals from C$21.00 to C$23.00 in a report on Monday, June 16th.

Dundee Precious Metals Price Performance

Shares of DPM traded down C$0.03 during mid-day trading on Thursday, reaching C$24.08. The company had a trading volume of 507,992 shares, compared to its average volume of 649,569. Dundee Precious Metals has a twelve month low of C$12.00 and a twelve month high of C$24.65. The company's 50-day moving average is C$22.12 and its 200-day moving average is C$19.34. The company has a market capitalization of C$2.97 billion, a P/E ratio of 15.17, a P/E/G ratio of 0.04 and a beta of 1.20.

Dundee Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a 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.