Stifel Canada Forecasts OTCMKTS:DPMLF FY2024 Earnings

Dundee Precious Metals Inc. (OTCMKTS:DPMLF) – Equities researchers at Stifel Canada raised their FY2024 earnings per share estimates for Dundee Precious Metals in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the company will earn $1.36 per share for the year, up from their previous forecast of $1.28.

Dundee Precious Metals Stock Performance

Shares of DPMLF stock opened at $10.44 on Wednesday. The stock’s fifty day moving average price is $9.91 and its two-hundred day moving average price is $8.77. The company has a market cap of $1.89 billion, a PE ratio of 9.94 and a beta of 0.69. Dundee Precious Metals has a fifty-two week low of $5.78 and a fifty-two week high of $10.68.

Dundee Precious Metals (OTCMKTS:DPMLF) last posted its earnings results on Thursday, August 1st. The company reported $0.39 EPS for the quarter. The company had revenue of $156.84 million for the quarter. Dundee Precious Metals had a return on equity of 15.87% and a net margin of 34.73%.

Dundee Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend was Friday, September 27th. Dundee Precious Metals’s payout ratio is 15.24%.

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.