Scotiabank Has Positive Forecast for TSE:DPM FY2027 Earnings

Key Points

• Scotiabank raised its FY2027 EPS estimate for Dundee Precious Metals to $5.15 (from $5.12), and multiple brokers have lifted target prices, leaving an average analyst target of C$56.11 and a consensus "Buy" rating.
• The stock was down 5.8%, opening at C$49.55, and currently trades at a P/E of 24.9 with a market cap of C$10.98 billion.
• Dundee Precious Metals is a low-cost producer (~200,000 oz gold annually), reported C$1.06 EPS last quarter, and holds C$763 million in net cash while having returned over C$260 million to shareholders since 2020.

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Investment analysts at Scotiabank increased their FY2027 EPS estimates for shares of Dundee Precious Metals in a research note issued on Friday, April 17th. Scotiabank analyst E. Winmill now expects that the mining company will post earnings of $5.15 per share for the year, up from their prior forecast of $5.12. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share.

DPM has been the topic of a number of other research reports. Stifel Nicolaus lifted their target price on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. Canaccord Genuity Group lifted their target price on shares of Dundee Precious Metals from C$62.00 to C$70.00 in a research note on Friday, March 6th. Royal Bank Of Canada lifted their target price on shares of Dundee Precious Metals from C$46.00 to C$63.00 in a research note on Thursday, March 12th. TD Securities lifted their target price on shares of Dundee Precious Metals from C$42.00 to C$57.00 in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce lifted their target price on shares of Dundee Precious Metals from C$58.00 to C$64.00 in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$56.11.

Dundee Precious Metals Stock Down 5.8%

DPM opened at C$49.55 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 6.61 and a current ratio of 3.58. Dundee Precious Metals has a fifty-two week low of C$17.37 and a fifty-two week high of C$60.13. The firm's fifty day moving average is C$51.62 and its 200 day moving average is C$43.97. The stock has a market cap of C$10.98 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 0.04 and a beta of 1.48.

Dundee Precious Metals (TSE:DPM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 earnings per share (EPS) for the quarter. Dundee Precious Metals had a net margin of 42.07% and a return on equity of 19.82%. The firm had revenue of C$471.86 million during the quarter.

Insider Buying and Selling

In other Dundee Precious Metals news, insider William John Jr. Decooman sold 7,671 shares of the business's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of C$50.20, for a total value of C$385,084.20. 0.16% of the stock is currently owned by insiders.

About Dundee Precious Metals

DPM Metals engages in the acquisition, exploration, development, mining, and processing of precious metals, primarily focusing on gold, copper, and silver deposits. The company produces approximately 200,000 ounces of gold annually and is among the lowest-cost gold producers globally. DPM Metals maintains a strong financial position with $763 million in net cash as of March 2025 and has returned over $260 million to shareholders since 2020.

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