Scotiabank Has Optimistic Outlook of TSE:DPM FY2025 Earnings

Dundee Precious Metals Inc. (TSE:DPM - Free Report) - Analysts at Scotiabank boosted their FY2025 EPS estimates for Dundee Precious Metals in a research note issued to investors on Sunday, April 13th. Scotiabank analyst E. Winmill now anticipates that the mining company will earn $1.60 per share for the year, up from their previous forecast of $1.59. The consensus estimate for Dundee Precious Metals' current full-year earnings is $1.90 per share.

Other equities research analysts have also issued research reports about the company. CIBC increased their target price on Dundee Precious Metals from C$18.00 to C$21.00 in a research note on Thursday. TD Securities upgraded shares of Dundee Precious Metals to a "strong-buy" rating in a research note on Tuesday, February 4th. Jefferies Financial Group upped their target price on shares of Dundee Precious Metals from C$19.00 to C$23.00 in a research note on Friday, April 4th. Finally, Royal Bank of Canada raised their price target on shares of Dundee Precious Metals from C$21.00 to C$23.00 in a report on Friday, April 4th.

Dundee Precious Metals Price Performance

TSE DPM traded up C$0.24 during trading hours on Wednesday, hitting C$19.87. The company had a trading volume of 185,993 shares, compared to its average volume of 612,529. The firm's 50 day moving average is C$17.88 and its 200 day moving average is C$15.14. Dundee Precious Metals has a fifty-two week low of C$10.21 and a fifty-two week high of C$20.29. The company has a market capitalization of C$2.45 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of 0.04 and a beta of 1.20.

Insider Buying and Selling

In other Dundee Precious Metals news, Senior Officer Iliya Garkov sold 12,000 shares of Dundee Precious Metals stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$18.49, for a total value of C$221,880.00. Also, Director Marie-Anne Tawil sold 10,000 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of C$19.08, for a total value of C$190,800.00. Over the last three months, insiders sold 42,583 shares of company stock worth $780,496. Corporate insiders own 0.16% of the company's stock.

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.