FY2023 EPS Estimates for Dundee Precious Metals Inc. Decreased by Analyst (TSE:DPM)

Dundee Precious Metals Inc. (TSE:DPMGet Rating) – Equities research analysts at National Bank Financial lowered their FY2023 earnings per share estimates for Dundee Precious Metals in a report released on Monday, August 1st. National Bank Financial analyst D. Demarco now anticipates that the mining company will earn $0.82 per share for the year, down from their prior estimate of $0.88. National Bank Financial has a “Outperform Overweight” rating on the stock. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.05 per share.

Dundee Precious Metals (TSE:DPMGet Rating) last released its quarterly earnings data on Wednesday, May 4th. The mining company reported C$0.24 EPS for the quarter, topping analysts’ consensus estimates of C$0.22 by C$0.02. The firm had revenue of C$194.82 million during the quarter.

A number of other equities analysts also recently commented on DPM. National Bankshares upgraded Dundee Precious Metals from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$8.75 to C$10.00 in a report on Tuesday. Canaccord Genuity Group increased their price target on Dundee Precious Metals from C$9.00 to C$9.50 in a report on Friday, April 22nd. Scotiabank lowered their price target on Dundee Precious Metals from C$13.00 to C$12.50 in a report on Friday, July 29th. BMO Capital Markets initiated coverage on Dundee Precious Metals in a report on Tuesday, May 3rd. They set a “buy” rating and a C$11.00 price target on the stock. Finally, CIBC lowered their price target on Dundee Precious Metals from C$11.50 to C$10.00 in a report on Tuesday. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$11.06.

Dundee Precious Metals Trading Down 3.4 %

TSE:DPM opened at C$6.23 on Wednesday. The stock’s 50 day moving average price is C$6.74 and its 200 day moving average price is C$7.35. Dundee Precious Metals has a 52 week low of C$5.53 and a 52 week high of C$9.65. The company has a market capitalization of C$1.19 billion and a P/E ratio of 5.72. The company has a debt-to-equity ratio of 1.78, a quick ratio of 5.57 and a current ratio of 6.25.

Dundee Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Friday, September 30th will be given a $0.051 dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $0.20 annualized dividend and a dividend yield of 3.27%. Dundee Precious Metals’s dividend payout ratio is 12.84%.

Dundee Precious Metals Company Profile

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Dundee Precious Metals Inc, a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. Its principal operating assets include the Chelopech operation, which produces a gold-copper concentrate containing gold, copper, and silver and a pyrite concentrate containing gold located to the east of Sofia, Bulgaria; the Ada Tepe operation that produces a gold concentrate containing gold and silver located in southern Bulgaria, near the town of Krumovgrad; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia.

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Earnings History and Estimates for Dundee Precious Metals (TSE:DPM)

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