Scotiabank Has Bullish Estimate for TSE:DPM FY2025 Earnings

Dundee Precious Metals Inc. (TSE:DPM) – Equities research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for shares of 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 post earnings of $1.60 per share for the year, up from their prior estimate of $1.59. The consensus estimate for Dundee Precious Metals’ current full-year earnings is $1.90 per share.

DPM has been the subject of several other reports. Jefferies Financial Group upped their target price on Dundee Precious Metals from C$19.00 to C$23.00 in a report on Friday, April 4th. CIBC lifted their price target on Dundee Precious Metals from C$17.00 to C$18.00 in a research report on Friday, February 14th. 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. Finally, TD Securities upgraded shares of Dundee Precious Metals to a “strong-buy” rating in a research report on Tuesday, February 4th.

Dundee Precious Metals Trading Up 3.0 %

Shares of TSE:DPM opened at C$19.89 on Wednesday. The stock’s fifty day simple moving average is C$17.73 and its two-hundred day simple moving average is C$15.04. Dundee Precious Metals has a 1-year low of C$10.21 and a 1-year high of C$20.13. The stock has a market cap of C$2.46 billion, a PE ratio of 12.53, a price-to-earnings-growth ratio of 0.04 and a beta of 1.20.

Insider Buying and Selling at Dundee Precious Metals

In related news, Director Xuefeng Chen sold 6,750 shares of Dundee Precious Metals stock in a transaction on Thursday, February 20th. The shares were sold at an average price of C$17.06, for a total value of C$115,155.00. Also, Director Nikolay Hristov sold 3,833 shares of the stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of C$17.60, for a total transaction of C$67,460.80. Insiders sold a total of 42,583 shares of company stock worth $780,496 over the last three months. Company insiders own 0.16% of the company’s stock.

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.