What is Scotiabank's Forecast for TSE:DPM FY2025 Earnings?

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Equities researchers at Scotiabank increased their FY2025 earnings per share estimates for shares of Dundee Precious Metals in a report released on Tuesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the mining company will earn $3.06 per share for the year, up from their prior estimate of $2.97. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share.

A number of other equities analysts have also weighed in on the stock. CIBC upped their target price on shares of Dundee Precious Metals from C$23.00 to C$25.00 in a research report on Monday, June 16th. Jefferies Financial Group boosted their price target on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. Royal Bank Of Canada increased their price objective on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a report on Friday, April 4th. Stifel Nicolaus raised their price objective on Dundee Precious Metals from C$19.50 to C$23.75 in a research report on Monday, April 21st. Finally, TD Securities boosted their target price on Dundee Precious Metals from C$23.00 to C$25.00 and gave the stock a "buy" rating in a research report on Monday, June 16th.

Dundee Precious Metals Stock Performance

DPM traded up C$0.47 during trading on Friday, reaching C$22.36. 571,496 shares of the company traded hands, compared to its average volume of 647,317. The company has a market cap of C$2.76 billion, a P/E ratio of 14.09, a PEG ratio of 0.04 and a beta of 1.20. Dundee Precious Metals has a 12-month low of C$11.22 and a 12-month high of C$22.89. The firm has a fifty day simple moving average of C$21.08 and a 200 day simple moving average of C$18.27.

Dundee Precious Metals Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend was Monday, June 30th. Dundee Precious Metals's dividend payout ratio (DPR) is 13.86%.

Dundee Precious Metals Company Profile

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.